12th Jul 2023 10:01
Hostelworld Group PLC - Dublin-based hostel booking company - Records revenue of EUR51.5 million for the six months ended on June 30, up 57% year-on-year. Net revenue was EUR28.0 million for the same period a year earlier. Reports net bookings of 3.4 million, up 64% year-on-year. Says this is driven by strong performances in key European, Asian and Oceania markets. Looking ahead, the firm backs earnings guidance of adjusted earnings before interest, tax, depreciation and amortisation in the range of EUR16.5 million to EUR17 million for 2023. For 2022, adjusted Ebitda was just EUR1.3 million. Read More
