Updates

Hostelworld

October 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Although battered by Covid-19, there are some early signs of stabilisation. The online booking platform operator for hostels put out H1 EBITDA losses of EU8.3m, within the previously guided range of EU8m-9m loss, reflecting a 67% decline in net bookings (including higher cancellation rates as a result of the pandemic) and lower average booking values (down 24% year-on-year) as a result of cancellations with longer lead times and lower bed prices.Marketing has been reduced by 54% to match reduced revenues while staff / administrative costs fell 10% due to cost actions.During lockdown, Hostelworld has accelerated its “Roadmap for growth” plans. In particular, it has mentioned increased payment options (Googlepay etc ...

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Hostelworld - Bank debt, which peaked at €21.2m, now paid off (December 2024)

Hostelworld - Net debt drops to €2.6m (October 2024)

Hostelworld - Results beat even upgraded guidance (May 2024)

Hostelworld - Results beat forecasts, debt down (March 2024)

Hostelworld - Blow-out 43% bookings growth drives upgrades (December 2023)

Hostelworld - New social platform drives 50% forecast upgrade (October 2023)

Hostelworld (October 2022)

Hostelworld (October 2021)

Hostelworld (May 2021)

Hostelworld (March 2021)

Hostelworld (August 2020)

Hostelworld (May 2020)

Hostelworld (April 2020)

Hostelworld (October 2019)

Hostelworld (June 2019)

Hostelword (November 2018)

Hostelworld (July 2018)

Hostelworld (March 2018)

Hostelworld - 10% rise in bookings (October 2017)

Hostelworld - Largest online provider of hostel accommodation enjoying rapid growth (June 2017)

Hostelworld - Online disruptor for hostels enjoying strong margin growth (May 2017)

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