By Anthony O. Goriainoff
Hostelworld Group PLC said Wednesday that its pretax loss narrowed for the first half as net bookings rose, and that it expects to be Ebitda positive in the second half.
The London-listed online hotel-booking platform said its pretax loss narrowed to 14.7 million euros ($15 million) compared with a loss of EUR20.7 million for the first half of 2021.
Net booking volumes rose to 2.1 million from 300,000 the year before driven by pent-up…