Hostelworld unveils travel network is launching their new online travel tool - the Hostelworld Travel Network.By registering on the network, hailed the My Space for the backpacker set, users have a variety of travel planning tools and social networking options at their fingertips.

Through the personalized web pages, users can track their upcoming hostel reservations, plan future trips, review cities and hostels, connect with travel buddies, keep an online blog, upload photos and more. In the beta phase alone over 10,000 users registered to use the service.

The Hostelworld Travel Network is the latest in a number of innovative features aimed at helping customers with their trips. Others include free downloadable pocket guides, online sample itineraries and travel features.