UK's Hostelworld slips on weak HY average booking value

Hostelworld

10/07/2024 10:06

** Shares of online hostel booking platform Hostelworld
 HSW.L  down about 5% at 154p
    ** Co's HY net average booking value falls 10% to 13.60
euros
    ** Reiterates FY adjusted core profit in line with market
view of 21.4 mln euros
    ** HY net revenue grew 1% to 46.4 mln euros
    ** HSW stock has risen about 10% YTD

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com;))