Hostelworld

AGM statement, reiterates guidance

  • Sectors : Travel IT Services
  • Companies : Hostelworld

Ratings and price correct at time of issue.

  • Hostelworld

    Closing Price: 104.0p

  • RATING 15/12/15

  • PREVIOUS RATING N/A

DAVY VIEW

Hostelworld released a brief trading update ahead of its AGM today. It notes that to date its revenues have not been materially impacted by the conflict in the Middle East. It understandably flags “some softness” in long-haul demand in Asia, but this is currently being offset by intra-Europe. It reiterates its guidance issued in late March that performance will be in line with current market expectations, assuming no further escalation.

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May 6 2026, 07:49 IST/BST

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