By The Virtual Tourist

Want the best bang for your buck? Just because there's a recession doesn't mean you have to forego that much-needed vacation. There are plenty of hidden gems that will provide a great place for you to rest your head at night, without costing you an arm and a leg.

With that in mind, the members and editors of VirtualTourist.com have compiled this list of the best hostels in the world. So get ready to maximize your funds without compromising your travel experience.

1. EQUITY POINT MARRAKECH, MARRAKECH, MOROCCO

This beautiful Moroccan oasis looks like a luxury desert resort. The spacious rooms are thoughtfully adorned with captivating furnishings, brightly colored pillows, and exotic rugs. The hostel deepens your Moroccan experience by offering traditionally prepared dinners on their breezy, rooftop terrace.

2. GOLI & BOSI DESIGN HOSTEL, SPLIT, CROATIA

For a swanky, stylish and modern experience, check out the Goli & Bosi Design Hostel. This converted department store offers a unique and somewhat futuristic experience, as you unlock the front doors of the hostel through an iPhone application and retire in a private sleep capsule. The vibrant colors, contemporary architecture and built-in restaurant have put this place firmly on the Croatian map!

3. BLUE BUDDHA HOSTEL, ERICEIRA, PORTUGAL

This is a beach lover's dream and a surfer's haven. This calming, ocean-side hostel is only a seven-minute walk to the sandy shores of Portugal. Enjoy the yearlong summer weather by signing up for surf lessons or sunbathing in this airy, beach sanctuary.

4. IGUANA AZUL, COPAN RUINAS, HONDURAS

Iguana Azul gives new meaning to the saying, "biggest bang for your buck." This funky, clean and comfy place offers an unbeatable value at $6 per night! Guests rave about the hostel's prime location, which is appropriately situated just outside of the city. Accordingly, patrons can enjoy some peace and quiet once the sun sets, yet remain just a few minutes walk from the action-packed city. An added bonus, this hostel provides free purified drinking water!

5. URBAN OASIS, NEW YORK, NEW YORK

Want the feel of your own New York flat, without the hotel price? Urban Oasis offers a comfortable, private and quaint refuge from the fast-paced hustle and bustle of the Big Apple. Located just steps from the Empire State Building, this hostel allows you to enjoy the city without ruining your pocketbook.

6. SPARKY'S BACKPACKERS, INVERCARGILL, NEW ZEALAND

What this converted home may lack in space, it makes up in character. The cozy, "home away from home" will make you feel like part of the family when belting out tunes at the backyard bonfire and snacking on Sparky's scrumptious chocolate cake. Just outside of town, this hostel promises a warm, friendly host, comfortable bed and an experience that will leave you smiling.

7. RUCKSACK INN, SINGAPORE, SINGAPORE

Patrons have been flocking to this Singaporean hot spot, which boasts immaculate rooms, friendly staff and easy access to the heart of Singapore. Rucksack Inn has something for everyone, providing, mixed and all female dorms, cable television, and private rooms. To make your hostel experience seem a little bit more like a hotel, Rucksack Inn provides you with your own shower gel and shampoo.

8. THE BEEHIVE HOTEL CAFE, ROME, ITALY

American transplants, Steve and Linda Brenner, offer guests a stay in their delightful, eco-friendly budget hotel. The couple pride themselves on offering this charming and affordable option to foreign sightseers. The Beehive also features private group apartments and an intimate garden lounge, making this place a true Roman treasure.

9. TROPIC DAYS BACKPACKERS, CAIRNS, AUSTRALIA

A hostel with no bunks? It may seem too good to be true, but this bright, colorful, family-run hostel has put comfort at the forefront, and promises every occupant his or her own bed. This highly rated hostel has won people over through their friendly faces, tidy facilities, authentic Aussie barbecues and stunning pool.

10. POSADA SAN FRANCISCO, SAN JUAN, PUERTO RICO

This hostel offers a simple, affordable experience with an aesthetic flare that can't be beat. Gorgeous architecture and spectacular balcony views make this centrally located treasure a fan favorite. So step onto that balcony, soak in the sun and watch the heart of San Juan come to life.

 

© VirtualTourist.com, Distributed by Tribune Media Services Inc.

Travel | 10 Best Hostels in the World