Hostelworld (HSW.L, HSW LN)
Operating the world's largest hostels-focussed online booking platform, Hostelworld has historically been an asset-light, high-margin and cash-generative business. COVID-19 has clearly challenged the business but its young customer base, deep industry coverage (13m reviews across >17,700 hostels in more than 179 countries) leaves it well-placed to recover as restrictions ease.
|Aberforth Partners LLP||16.0|
|Gresham House Asset Management||7.1|
|Strategic Equity Capital||7.0|