Watched it yesterday and it's sh*t Exactly the same plot as the first but women instead of blokes.
there is a mad bit involving a woman washing in blood (i'll say no more).

HOSTEL 2

Part 1 http://player.youku.com/player.php/sid/XNDg4MTUzNg

Part 2 http://player.youku.com/player.php/sid/XNDg4MTU0MA

Part 3 http://player.youku.com/player.php/sid/XNDg4MTU0OA

Part 4 http://player.youku.com/player.php/sid/XNDg4MTU1Mg