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HSW — Hostelworld News Story

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Ireland's Hostelworld slides as Mideast tensions weigh on booking volumes

BUZZ-Ireland's Hostelworld slides as Mideast tensions weigh on booking volumes

** Shares of online hostel booking platform Hostelworld HSW.L fall as much as 3.63% to 106p

** Co says H1 transaction volume growth down by about 3% due to disruptions linked to the Middle East conflict

** Despite this, HSW reiterates FY guidance, citing sustained revenue momentum as it expects the disruptions to ease in H2 and contribution from growth initiatives to increase through the year

** Stock down 14.7% YTD

($1 = 0.8747 euros)


(Reporting by Anushka Chourasia in Bengaluru)

((Anushka.Chourasia@thomsonreuters.com))

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