Online hostel bookings agent Hostelworld (LON: HSW) has recovered from the aftermath of Covid lockdowns and it will be reporting interim results on Thursday 10 August. A trading statement was published one month ago, but there will be further news of progress.
Hostelworld operates a website that offers travellers a choice of hostel accommodation around the world. It does not own or operate any hostels. Once a customer is gained then they can generate additional revenues without the requirement for further marketing costs.
Hostelworld generates revenues by taking a 15% commission on a bo...
