Gary Morrison, chief executive of Hostelworld: ‘Yes, there is cost inflation, but it is more than covered by booking value inflation.’ Picture: Fergal Phillips
Online booking platform Hostelworld is seeing a recovery in travel “across all destinations and demand segments”. Booking demand into Europe has almost fully recovered to 2019 levels, with some markets exceeding 100 per cent, Hostelworld said in a statement ahead of its AGM today. The travel company is also seeing booking momentum returning, albeit more slowly, in Oceania and Asian destinations as markets reopen for international travel.
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