Group Booking Terms and Conditions

Because you are making a Group Booking, there are additional Terms and Conditions that apply. Please read them and click 'I Accept' below to continue with your booking

General Group Booking Terms

By making a group reservation through you agree to the following terms and conditions as set by and as set by the hostel in question.

  • In order to make a group reservation on it is necessary to pay a deposit. The balance is due directly to the hostel according to their payment conditions.
  • The booking deposit is non-refundable.
  • Please note that any cancellations must be notified directly to the hostel at least 24 hours in advance of your scheduled arrival date, unless otherwise stated in the hostel's conditions.
  • are not responsible for changes or amendments to your reservation once it has been processed. All correspondence with regard to changes to your booking need to be dealt with directly with the hostel.
  • Cancellations for reservations must be made directly with the hostel and must conform with the individual hostels cancellation policy (see below)
  • It is your responsibility to pay the balance of your accommodation cost to the hostel in accordance with their payment conditions (see below). Failure to do so may result in your reservation being cancelled by the hostel.
  • Individual hostels may have special booking conditions relating to group stays, please read the hostel booking conditions carefully before making your reservation.

Hostel Specific Terms & Conditions

The remainder of the amount due will be charged to your credit card ???? Should numbers or room selection change, the per person deposit times the number of people who actually travelled will be deducted from the total accommodation charge levvied by the hostel.

The following group types are not accepted by this hostel: Holiday with Friends, Junior / Primary School, High / Secondary School, College / University, Business Trip, Stag/Hen/Bachelor Party, Sports Group, Cultural Group If you have misrepresented the type of group you are booking for, your booking may be cancelled by the hostel."

Any cancellations resulting from agreement to these terms and conditions under false pretences will result in loss of deposit.


The Penny Pincher Inn

Book more than 7 days in advance for Free Cancellation.
  • Perfect Location
  • Superb Staff
  • Fantastic Cleanliness
Read all reviews

Property Description

You need an overnight accommodation? Comfortable, but not less expensive? A safe storage for your belongings? You prefer your own cereals instead of packet marmalade? Our fully equipped self catering kitchen includes a fridge for the shared use, microwave, stove, toaster and kettle. We provide coffee and tea for free. Then this is your right place! We are a quietly situated, small Hostel with different four- and six-bed rooms. Take place at our comfortable tables and enjoy your own breakfast with selfmade omelet. Our reception is staffed at fixed times and by arrangements. You have a 24 hours access by keyless entry to our hostel. We cannot offer own places to park bikes or cars.

5 minutes to the inner-city/ 5 minutes to Köln fairground 5 minutes to Lanxess Arena / 10 minutes to central station
Our Hostel is located in inner city area of cologne, named Deutz. You can reach all sights or events in short time on foot, by tram or city train. The inner-city is located in less than 1 km distance, crossing the Rhein River. Also the Lanxess Arena east of the Rhein. The Cologne Cathedral and the central station on the right bank of the Rhein are conveniently situated, also the Cologne fairgrounds in less than 2 km.
The Deutzer Freiheit (200m distance) offers different shopping facilities, supermarkets with opening times, partly until 12 pm, weekends until 10 pm. On Sunday you can by in the Kiosk named Trinkhalle until 10 pm. Many Restaurants and fast food restaurants are also nearby. The Deutzer Fishhouse is only 150 m away and offers an excellent lunch table. Information about city offers, museums or events you can find at our postings.

All rooms are being equipped with WC and shower. Our spacious wardrobes are provided with a safety lock.
6 bed room: one bed in 6-bed room. Equipped with three bunk beds and own bathroom with WC and shower. Every bed provides a reading light and an outlet. 6 lockers inclusive key are available free of charge
4 bed room: one bed in 4-bed room. Equipped with two bunk beds and own bathroom with WC and shower. Every bed provides a reading light and an outlet. 4 lockers inclusive key are available free of charge

The Penny Pincher Inn Policies & Conditions:

Cancellation policy: 72 hours before arrival.
Payment upon arrival by cash, credit cards, Paypal. This property may pre-authorise your card before arrival.

Check in from 15:00 to 18:00 .
Check out before 11:00 .

Taxes not included - occupancy tax 5.00 % per person per night
Breakfast not included.

The reception is available 24 hours in the house. It is open from 9 to 11 and 15 to 18 AM.
No curfew.
We do not accept customers younger than 18 years of age. Under 18's need to be accompanied by an adult.
Towels set (big and small) to hire for 2.00 EUR per set. View House Rules

Check Availability

Reviews & Ratings

  • Value For Money 9.4

  • Security 9.4

  • Location 9.2

  • Staff 9.7

  • Atmosphere 8.8

  • Cleanliness 9.7

  • Facilities 9.1

Latest Reviews

  • 10.0


    20 Nov 2019
    Everything was perfect. Amazing location with everything (supermarkets, shops, restaurants. etc.) you will need nearby, all in walk distance! While the street of the hostel was in a very quiet and safe quarter. The reception staff was super friendly too. Room and bed itself as all clean and neat, I had a very good stay! In general, very pleasant experience with strong recommendation.
    China, Female, 25-30
  • 10.0


    31 Aug 2019
    I had a fantastic time at the Penny Pincher Inn! The staff was so accommodating (they helped me carry my very heavy luggage up three flights of stairs, let me sit in the lounge three hours after my check out to wait for a flight), the price was excellent, the room was super clean, and the ensuite bathroom was really well filled. The location is great, super accessible by S-bahn, and the downtown is a lovely walk across the bridge to get to the Altstadt. I will only stay here in Cologne!
    Canada, Female, 18-24
  • 9.7


    16 Sep 2019
    For someone who loves serenity, this hostel is ideal. Very clean room. Walking distance to the center. Very helpful staff. All you need is just to communicate and follow the instructions given clearly to avoid any inconvenience. I was also lucky that there were only me and another person in a six-bed room. Bathroom and restroom are very clean. Though, the room I got is next to a road and was loud early in the morning. Apart from that the stay was lovely.
    Thailand, Female, 25-30
  • 9.4


    01 Nov 2019
    A nice small hostel and looking forward to going back in the future.
    Ireland, Male, 31-40
  • 9.4


    10 Sep 2019
    Good place, super clean, cool owner, quiet. Very close to a park area on the Rhine and a bridge that crosses the Rhine.
    USA, Male, 31-40
  • 9.4


    13 Aug 2019
    This is by far the quietest, cleanest and well-managed hostel I have ever been to, featuring very big safety lockers that would fit two whole backpacks, comfy beds and nice bathrooms. Kitchen with free stuff for use is available too and location is not far away from the left bank of the Rhein where most of the things to do in Koln are. If I have to report imperfections, the reception sometimes is not covered (even tho guests can ring the owner's bell who lives downstairs for issues).
    Italy, Male, 25-30
  • 9.4


    06 Aug 2019
    As for Cologne in general there isn’t much to do but if you’re looking for somewhere to stop off this is a lovely little hostel that has a homestay feel to it. Can easily smash out the city in a day. Just across the bridge from the main part of it city, Penny Pincher has great kitchen facilities to save you some money for a night out if you need this. Would go back to Penny Pincher if I went back to Cologne. Ps you gotta go to papa joes jazz bar it was a hoot
    Australia, Couple, 18-24
  • 9.1


    02 Aug 2019
    The staff were very friendly and gave me some good recommendations on which bars I should go to :-)
    England, Male, 18-24
  • 8.9


    08 Nov 2019
    It was very good, comfortable beds, facilities are good. Reception isn’t 24/7 though
    Australia, Male, 31-40
  • 7.7

    Very Good

    13 Sep 2019
    Anything I put in the fridge even if I wrote my name on it got stolen, had some really loud roommates, but it was clean and easy to get access too, would definitely been better to travel with a friend or a group there as it offered some nice group activities
    Norway, Male, 25-30
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  • Free City Maps
  • Free WiFi
  • Breakfast Not Included
  • Common Room
  • Fridge/Freezer
  • Hair Dryers
  • Hot Showers
  • Key Card Access
  • Microwave
  • Reading Light
  • Self-Catering Facilities
  • 24 Hour Security
  • Housekeeping
  • Reception (limited hours)
  • Tours/Travel Desk
  • Towels for hire
Food & Drink
  • Tea & Coffee Making Facilities