Hostelworld Group - Some sunny day
Hostelworld is at pains to show its ‘Roadmap for Growth’ is well on track, despite the hiatus of COVID-19 (2020 net revenue down 81%). It has followed its return to net bookings growth in normal conditions of Q419 with multiple enhancements to its booking platform. Also, for the longer term, there is reiteration of the company’s aim to offer complementary experiential travel products, such as tours and experiences, with cross-selling opportunities (‘an extensive pipeline of potential targets’ had been identified by the eve of the pandemic). For now, the outlook is clouded by uncertainty about the lifting of COVID-19 travel restrictions in key markets, with varying infection rates and vaccination programmes. In the UK, the very success of a rollout may only reinforce border controls.Hostelworld Group is engaged in managing and operating hostel-focused online booking platform through its flagship brand Hostelworld and supporting brands Hostelbookers and Hostels.com. Co. focuses on hostels, maintaining a global hostel database with over 14,000 hostels and approx 21,000 other forms of budget accommodation globally and manages customer-generated review database. Co. is a key distribution channel for hostels worldwide offering them a market-leading proposition by providing: a lower cost distribution channel; access and promotion across a range of platforms with an attractive demographic profile; access to BackPack Online; and access to Co.'s booking engine technology.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.