Gary Morrison, chief executive of Hostelworld: unsurprised by the speed of the recovery. Picture: Fergal Phillips
Analysts at stockbrokers Davy expect to adjust their 2022 earnings forecast for Hostelworld to closer to break-even following a positive update from the online travel group. The analysts had previously expected the firm to report an earnings before interest, taxation, depreciation and amortisation loss of €3 million for this year.
Last week, Hostelworld said it is seeing a recovery in travel “across all destinations and demand segments”. Booking demand into Europe, the company’s largest destination...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Banks’ recovery since bailout leaves shortfall of €9.6 billion | Business PostEven if all the state’s remaining shares were sold off today, taxpayers would still be €4.5 billion shy on their crisis-era bank investments
Source: businessposthq - 🏆 8. / 71 Read more »
Insurers pay businesses €170m for claims related to Covid-19 | Business PostInsurers have paid out more than €170 million to almost 5,500 policyholders in response to business interruption claims submitted during the Covid-19 pandemic.
Source: businessposthq - 🏆 8. / 71 Read more »
FBD’s post-pandemic agm tackles some thorny issues | Business PostFBD’s agms are known in the corporate world for being a little different, given the insurer’s rural heritage and the number of its long-standing shareholders. The one held in Dublin last Thursday was no exception, writes Peter O’Dwyer.
Source: businessposthq - 🏆 8. / 71 Read more »
Proposed €500m electricity interconnector secures finance from London backers | Business PostA €500 million plan to build a 750 megawatt electricity interconnector linking Ireland and Britain has secured the financial backing of Foresight, a London-listed company.
Source: businessposthq - 🏆 8. / 71 Read more »