Spending time with like-minded individuals becomes even more difficult when traveling to a different country, which is why Tribe Theory has opened its doors and geared its services toward entrepreneurs and startup businesses.
Based in Singapore, this hostel-inspired environment serves as a space where young business professionals can gather, while still having fun. The shared rooms feature capsule beds and cost about $35 USD a night. Guests can also pay in bitcoin, if they're a little short on cash. The space is described as a "venture hotel" and offers a place for individuals to build "human connection amongst a like-minded community of global citizens through an inspired business travel experience.”
Image Credit: Tribe Theory via Facebook
What's Driving This Trend
- Entrepreneur-specific Hostels
- Opportunity for entrepreneurs to connect and collaborate while traveling, fostering a global community of like-minded individuals.
- Shared Workspaces
- The rise of entrepreneur-specific accommodations creates demand for shared workspaces within the same establishments, promoting collaboration and networking.
- Cryptocurrency Payments
- Accepting cryptocurrency payments provides convenience for young business professionals who may have limited access to traditional banking systems.
Who This Affects Most
- Hospitality
- The hotel industry can tap into the growing market of young entrepreneurs by offering accommodations and services tailored to their needs.
- Travel
- Travel agencies and tour operators can develop specialized packages for entrepreneur travelers, catering to their unique requirements.
- Fintech
- The emergence of cryptocurrency acceptance in the hospitality sector presents opportunities for fintech companies to develop innovative payment solutions.