Hostelworld builds on 'strong start' to FY

12th Jul 2022 09:17

(Sharecast News) - Accommodation booking platform operator Hostelworld said on Tuesday that it had built on "the strong start" it had previously reported earlier in the year, with net bookings reaching 80% of 2019 levels in June and net revenues hitting 104% of 2019 levels, driven by higher average booking values.

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Hostelworld YTD revenues approach pre-Covid levels

11th May 2022 11:30

(Sharecast News) - Online booking platform operator Hostelworld told shareholders on Wednesday that a strong start experienced in the first 12 weeks of the year had continued through April and into early May, with both bookings and demand approaching 2019 levels.

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Hostelworld investors revolt against share awards

26th Apr 2021 15:02

(Sharecast News) - Hostelworld has suffered a shareholder revolt over plans to pay executives and top managers share-based bonuses during the Covid-19 crisis.

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Hostelworld says bookings weak but recovering

26th Apr 2021 12:35

(Sharecast News) - Hostelworld said bookings were weak in the first quarter but that domestic bookings were recovering, particularly in North and Central America.

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Hostelworld raises £14m to help navigate Covid-19 crisis

25th Jun 2020 12:28

(Sharecast News) - Hostelworld has raised nearly £14m through an equity placing, the online booking platform confirmed on Thursday, after it warned the Covid-19 crisis was likely to push it into the red.

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Hostelworld Q1 to take hit from coronavirus outbreak

4th Mar 2020 14:31

(Sharecast News) - Hostelworld shares slumped on Wednesday as it warned that the coronavirus outbreak would dent first-quarter earnings.

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Wednesday broker round-up

4th Mar 2020 13:29

(Sharecast News) - CMC Markets: Peel Hunt upgrades to buy with a target price of 210p.

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Thursday broker round-up

12th Sep 2019 10:29

(Sharecast News) - InterContinental Hotels: JPMorgan downgrades to underweight with a target price of 4,700p.

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Tuesday preview: Indicative votes and Cabinet meeting in focus

1st Apr 2019 10:57

(Sharecast News) - The focus on Tuesday will be squarely on the results of the previous night's indicative votes.

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Wednesday broker round-up

5th Dec 2018 11:18

(Sharecast News) - Ted Baker: HSBC downgrades to hold with a target price of 1,450p.

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Tuesday broker round-up

21st Aug 2018 13:18

(Sharecast News) - Aggreko: HSBC upgrades to buy with a target price of 1,050p.

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Hostelworld profits tumble as Europeans opt to stay home for summer

21st Aug 2018 09:11

(Sharecast News) - Hostelworld said the hot weather seen across Europe of late had encouraged people to forego travel and stay at home during the all-important period.

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Thursday broker round-up

2nd Feb 2017 09:07

(ShareCast News) - Hostelworld Group: Berenberg upgrades to Hold from Sell with a target price of 210p. Bellway: Citi reiterates Neutral with a target price of 2540p. Ferrexpo: Deutsche Bank reiterates Buy with a target price of 230p. Zoopla Property Group: Deutsche Bank reiterates Hold with a tar

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Berenberg upgrades Hostelworld on back of fx gains

2nd Feb 2017 09:00

(ShareCast News) - Berenberg upgraded Hostelworld to 'hold' from 'sell' and raised the price target from 206p to 210p. Despite the likelihood of the company to struggle for growth in the short term, the fall in the pound has provided a "significant valuation tailwind", according to the broker. La

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Tuesday broker round-up

23rd Aug 2016 09:19

(ShareCast News) - Ithaca Energy: Barclays reiterates underweight with a target price of 70p. Mediclinic: JP Morgan maintains neutral with a 1160p target. Premier Oil: Barclays reiterates overweight with a 100p target. South 32: Jefferies reiterates hold with a 110p target. Mondi: Citigroup keeps

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