Hostelworld Group (HSW) is the world’ largest online hostel-booking platform with more than ten million reviews across 36,000 properties in more than 170 countries. Its website operates in 19 different languages and its mobile app, which is attracting a growing number of bookings, operates in 13 different languages.
Headquartered in Dublin, Hostelworld has offices in London, Shanghai, Sydney, Seoul and Porto.
The Group arrived on the Main Market in November 2015 at a share price of 185p with the resulting market capitalisation at the time of £177m. The share price has been on a bit of a roller coaster since, dropping to 126p in June 2016 following a disappointing trading update in May of that year, which came about following reduced bookings as a result of the terrorist activities in Europe. The share price subsequently climbed back to an-all time high of 429p by April 2018, but it’s been downhill since then with the shares currently…
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