Grupo Habita, the team behind some of Mexico's chicest small hotels, is working on a hostel in Mexico City's Condesa neighborhood. Scheduled to open next spring at the corner of Calle Aguascalientes and Avenue Insurgentes Sur, it will have mid-century-style furnishings—a nod to architect Luis Benlliure, who designed the building in 1956—as well as an art-house cinema and a 24-hour Sanborns coffee shop. hotelhabitamty.com, private rooms from $99.
This fall, trendy European hotel chain 25hours is opening its first hostel-hotel, tentatively called Paprika Modern. Local design firm PapaMamaKollektiv is at work on the 84-room project, which is located on the Pest side of the Danube. Although the city has plenty of bare-bones hostels, this one ups the ante with art and furniture that make playful use of Hungarian household staples, such as lace and paprika. 25hours-hotels.com, private rooms from $125.