Youth Hostel Association's Beer site put up for sale
The organisation has said it has faced significant challenges over the last few years
The Youth Hostel Association has confirmed its site in Beer has been put up for sale due to rising costs.
The organisation said like other charities it has faced significant challenges over the last few years including pandemic shutdowns, the cost-of-living crisis, and steep inflation.
It added that whilst the site in Beer is still operational the decision had been made to sell it to secure YHA's "long term prosperity."
In a statement YHA (England & Wales) said: “The last few years have been difficult for YHA – pandemic shutdowns, the cost-of-living crisis and steep inflation have affected us like other charities and hospitality providers.
"The employer National Insurance increases, loss of Government funded programmes such as the NCS and the introduction of visa waiver charges for EU visitors over the last year have significantly increased the challenge and accelerated the need for us to streamline our operating model.
"In the light of this, we continue to take the steps necessary to secure YHA’s long term prosperity.
"‘YHA always reviews its network and operations to provide a secure financial footing to enable everyone, especially young people, to connect with people, nature and heritage through hostels in amazing places for many years to come.
"Our refreshed strategy takes the steps necessary to secure YHA’s long term prosperity.”