Yes, probably if you re in a group. You re less likely to meet other people though. It s usually run by a couple who are renting out various rooms in their home. They don t have dorm accommodation and cost a bit more than hostels. This may restrict your partying, on the other hand it means there won t be loads of drunk people staggering into your dorm waking people up in the early hours.
Many independent hostels don t have a curfew.
If you phone ahead most hostels will reserve a bed for you up to certain time of night. Hostels are intended for people who are travelling and you won t be expected to stay more than two or three nights. Its generally OK to stay longer but check for any weird rules first. You can also generally book in for one night and then extend your stay if you like the place but let the check in desk know that the next morning. This particularly applies in peak season.