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Losses increase at Dublin-headquartered Hostelworld | Business Post

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Losses increase at Dublin-headquartered Hostelworld, ellied798 reports.

Hostelworld lists 36,000 properties on its site, including the Bambuda Lodge hostel, above

Hostelworld, the online travel agent, has reported an adjusted loss after tax of €25.7 million for last year, an increase on the an adjusted loss after tax of €22.2 million in 2020. Net bookings at the Dublin-headquartered group were steady year-on-year at €1.5 million, according to annual results from the company.

The booking figure represents 21 per cent of 2019 volumes, as the travel sector continued to be impacted by Covid-19 last year.

 

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