Kirk Yetholm's youth hostel has been saved thanks to a deal between Friends of Nature and the Scottish Youth Hostel Association.
It is one of three hostels in the Scottish Borders that were earmarked for closure by the Scottish Youth Hostel Authority last year.
It along with Broadmeadows YHA and Melrose YHA had previously played an important role in Scottish Borders tourism, however in recent years occupancy has been as low as 13% for the year.
This deal will be welcome news for the people who live in the village who feared it's closure would affect tourism in the area.
Keith Legge, Chief Executive of SYHA Hostelling Scotland said:
Local MP Michael Moore said: