News Formal

Losses increase at Dublin-headquartered Hostelworld | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

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.

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:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Losses mount for MacAnthony’s Peterborough in spite of £4.7m from transfers | Business PostCovid hit led to accumulated losses of £16.5 million for football club co-owned by Irish property tycoon Darragh MacAnthony
Source: businessposthq - 🏆 8. / 71 Read more »