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Hostelworld – interims emphasise “strong month on month growth”, but what does that mean financially?

Hostel market-focused online travel agent Hostelworld Group (HSW) states that it “is pleased to announce its interim results for the six-month period ended 30 June 2022… strong month on month growth… in the absence of any further deterioration in the macro-economic climate, disruption to airline schedules, or escalation of the conflict in the Ukraine, we expect to be EBITDA positive in H2”. So what of a current share price response to 90p, down almost 5%?


Hostelworld – “recovery… across all destinations and demand segments”, but what does it mean financially?...

Hostel market-focused online travel group Hostelworld (HSW) has announced an AGM update including “performance to date has been stronger than we had initially expected… we are seeing the recovery continue across all destinations and demand segments. In particular, booking demand into Europe, our largest destination in 2019, has almost fully recovered to 2019 levels with some markets exceeding 100%… trips from the US and Canada into European destinations at 2019 levels”. So what of a share price rising above 86p?...

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