Hostelworld

Hostelworld hoping for demand to return as revenues slump
News / Online
Hostelworld hoping for demand to return as revenues slump
By Kevin May | August 27, 2021
The budget accommodation online travel agency captured revenue of just €2.9 million between January and June this year, down from €12 million in the same period in 2020. Read More
hostelworld-2020-financials
News / Online
Hostelworld sees revenue decline 81%, continues to bet on experiences
By Linda Fox | March 17, 2021
Hostelworld says improvements in marketing, user experience and inventory will help it emerge stronger from the pandemic. Read More
Hostelworld plots strategy beyond core product as bookings fall by two-thirds
News / Online
Hostelworld plots strategy beyond core product as bookings fall by two-thirds
By Kevin May | August 13, 2020
The "sharp drop" in its trading performance led the company to pursue a debt facility and subsequent equity raise of £13.8 million in June. Read More
WATCH: Visualization of the early hit on digital travel revenues from coronavirus
News / Online
WATCH: Visualization of the early hit on digital travel revenues from coronavirus
By PhocusWire | July 8, 2020
The first signs of how much impact the crisis has hit the revenues of publicly traded companies became apparent when they released their first quarter earnings reports. Read More
haunted financial
News / Online
Could addiction to debt come back to haunt some online travel companies?
By Steven Lerner | March 25, 2020
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles. Read More
calm before storm
News / Online
Calm before the coronavirus storm - recap of latest online travel earnings
By Steven Lerner | March 23, 2020
We've updated PhocusWire's visual history of online travel company revenues to include the most recent quarter. Read More