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hostelmania.com are doing a major re-launch today
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Interesting... I just looked at the new site and I think that it is going to be tough for them to compete with Hostelworld and Hostelbookers. It looks like they put a lot of effort into design and programming, but I think that they need more search engine optimization (for higher Google rankings) to be able to send a lot of bookings.
I used to allocate a small percentage of beds to them. They sent a few bookings, but not many. I think that they have potential, but should focus more on
SEO.