Hostelworld: shares rise on new investor stake
The hostel-focused online booking platform has experienced a hugely challenging period due to the pandemic. Here, we discuss its financial prospects, strategy and the chances of it delivering a successful turnaround. Or should investors simply stick with our high-flying Ultimate Stock? With a highly-regarded investor having recently joined the shareholder register it's looking more encouraging.
The travel & leisure sector has experienced arguably its most challenging trading conditions in living memory over the pandemic. Grounded flights and travel restrictions caused by containment measures in response to Covid-19 have caused demand for accommodation, including the hostels listed on Hostelworld’s (LON:HSW) popular online booking platform, to decline to extremely low levels.
Continue reading our content…
- Unlimited access to our market-beating portfolios
- In-depth coverage of many of the world’s great companies
- Unique insights from our top research team
- Company and markets insights
- Sponsored content
- Podcasts
Previous article Next article
DON'T MISS OUT!
Get top investment ideas to help safeguard and grow your wealth.
Invaluable insight from the exciting world of smaller companies.
REGISTER FREE
More on Hostelworld
Hostel delights | Franchise mystery | Steady as ever
Our coverage here includes a review of interim results from an unusual online travel group, which…
7% dividend yield | Hostel happiness | Another AIM leaver
We are impressed with the turnaround and dramatically improved balance sheet of an online travel agent…
