Very recommended. I booked here for the gamescom days. It was the cheapest and it is only five to ten minutes walking distance to the event. It is managed by a single person only and it shows everywhere the love he has put to his hostel. Everything is clean, the carpets are new and not millions of years old. There's a small kitchen where you can have free coffee and then you have to clean your glass by yourself. There's a shared fridge, books and even an arcade that is also free and full of fighting games. The rooms have two bunker beds, so in total four beds and four lockers. There are small messages everywhere about what or how do to something or not to. I really liked the atmosphere and the work this man has put in this place. If I go to gamescom next year I will book here again.

Stood for 2 nights on a room with 4 beds and was really good. The room and toilet is very clean, comfortable beds and well organized. There is also a nice and relatively large space y the reception for socializing, playing some games and cook something. definitely recommend this hostel

A lovely and friendly hostel. So cool there are an arcade and Nintendo games in the common space. You can have free tea and coffee in the kitchen, though some kinds of coffee charge €0,50. The only problem I met was that there was no hot water around 00:00 so I could only took a cool bath.

Flexible check in on request, great location, sparkling clean room bathrooms and bed sheets... and competitive price. I really had a pleasant stay even that's was just for a night.

Owner was extremely friendly, the facilities were kept in a very clean condition. Would highly recommend.

One of the best hostels i've ever been. Friendliness and a lot of things available for free (like Nintendo, arcade games, coffee, tea ecc..). Aldo the fact that the bathrooms and the sowers are in the room Is something more. I enjoyed my time in Cologne and in the Penny Pincher Inn Hostel.

Marcel (owner) is a super friendly guy! My credit card didn't work beforehand, so we were afraid that we wouldn't be able to book rooms. Since we were able to guarantee our visit in Cologne, he granted us the privilege to pay cash. What a clean and cheap place. And it's quite close to the city center. When in Cologne-it's the place to stay! THANKS SO MUCH

Homely and quiet. Rooms are fairly spacious. Lockers for every person. Feels safe and secure. Manager is very friendly and helpful. Everything is kept very clean and tidy. Only downside is the lack of an option for breakfast.

It was really clean and nice. The guy that rented it was cool. There was an arcade machine with retro games. Free coffee and tea. Labels on everything how it worked in english. Clean beds with enough room in the rooms. A bathroom for every room that also had a shower in it. Working keys and enough keys for everyone. Close to the city. Pretty much what you would want a place like this to have and a little bit more for a pretty good price.

While visiting Cologne, this was an excellent and budget-friendly place to stay. Everything was very clean and almost anything that you might need during your stay was either included or found at a modest price at the reception desk. The staff was incredibly kind and helpful and genuinely offered to do what they could to make my stay more comfortable. Cologne is a very walkable city, and the Penny Pincher Inn is situated in an excellent location only minutes away from the train station, restaurants and grocery stores, the Rhine riverfront, and the Deutzer Bridge to old town. If I'm ever back in Cologne, I would certainly stay with the Penny Pincher Inn again.

The hostel was a very good one, it has a good atmosphere, the staff was friendly, it had a kitchen so it was easy to cook your food and some money. The location was very good being 20 minutes to the cathedral. All in all a very pleasant experience. Would come back again!

Very nice place to stay! An Owner is really kind, there were no problems with storing our suitcases before checkin time, rooms are clean, the location is really good and price is really fine! Honestly, one of the best hostel in Köln. Thank you!

Great location 2 mins to Rhein and free tram to city . 5 mins to city . Lovely helpful staff. Clean and tidy at all times. Very nice facilities. Best hostel I ever stayed in . They always give free treats and coffee and tea.