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. General: 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.