The oldest youth hostel in Scotland is to be sold by the charity SYHA Hostelling Scotland.
The board of trustees at the charity agreed that Broadmeadows, near Selkirk, should be put on the market.
It was told that demand for the hostel has continued to decline in spite of increased marketing efforts.
It said it hopes the hostel can continue to operate while a buyer is sought. It is currently run by volunteers.
The charity said it would prefer the hostel to become an SYHA Affiliate, an arrangement used at another Borders hostel, Kirk Yetholm.
Broadmeadows first opened as a youth hostel in 1931.
'No feasible solution'
Keith Legge, the chief executive of SYHA Hostelling Scotland, said: "Over the past 18 months SYHA has worked hard to collaborate with interested parties to find solutions regarding the future of Broadmeadows Youth Hostel.
"We have attended meetings and consultations with the local community, local council members and others to discuss options, provide information and offer advice.
"Unfortunately no feasible solution has been forthcoming and as a not-for-profit charitable organisation we must make responsible decisions if we are to secure the long-term viability of our network for future generations."
Local MP Michael Moore said he hoped local groups or businesses would come forward to take over the hostel.
He said: "It's very sad to hear that the SYHA have decided to sell the Youth Hostel at Broadmeadows even after having worked with local groups to try to find alternatives to closure."