Ireland's Hostelworld H1 revenue rises, reiterates FY guidance
Ireland's Hostelworld H1 revenue rises, reiterates FY guidance
Overview
Ireland online travel agent's H1 2026 net revenue rose 12% yr/yr to €52.2 mln
H1 adjusted EBITDA up 11% to €8.2 mln, adjusted EBITDA margin flat at 16%
Company reiterated full-year guidance as revenue momentum sustained
Outlook
Hostelworld reiterates full-year 2026 guidance, unchanged from previous outlook
Company expects disruption from Middle East conflict to ease in H2 2026
Hostelworld anticipates increased contribution from growth initiatives as year progresses
Result Drivers
HIGHER COMMISSION RATES - Co said revenue growth was partly driven by an increase in effective commission rate to 17.7%, supported by its Elevate marketplace monetisation tool
MARKETING EFFICIENCY - Lower direct marketing costs as a percentage of revenue contributed to net margin growth
MIDDLE EAST CONFLICT IMPACT - Transaction volume growth was limited by conflict in the Middle East, with Asia and Oceania most affected
Company press release: ID:nRSI5987La
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 52.2 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Hostelworld Group PLC is GBp200.00, about 81.8% above its July 8 closing price of GBp110.00
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)