How Nathan St. Cyr Turned an $821K Hostel into a $5.2M Hospitality Powerhouse

On this week’s episode, Avery is joined by Nathan St. Cyr, a hospitality innovator who’s redefining budget travel through upscale hostels. Nathan shares how he stumbled into the hostel space in Maui and turned a $821K property into a $5.2M valuation in just 18 months—all while achieving over $824K in annual NOI. He breaks down the operational and financial advantages of hostel investing, how he optimized guest experience for Gen Z travelers, and why U.S. hostel development is a wide-open market opportunity. Nathan also shares insights on zoning, daily guest programming, and his strategy for scaling across markets.

How to connect with Nathan:

Instagram: nathan_stcyr 

How to connect with Avery:

The Short Term Shop - https://theshorttermshop.com/
www.strquestions.com
Follow Avery Carl on Instagram
Follow Avery Carl on TikTok
Join the Short Term Shop Facebook group
Check out the Short Term Shop on YouTube

For more information on how to get into short term rentals, read Avery’s books:

Smarter Short Term Rentals - Buy it on Amazon
Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon