LEI:213800OC94PF2D675H41
Full Year Trading Update for Year ended
Adjusted EBITDA exceeding market guidance driven by record revenue and bookings growth
Hostelworld is pleased to provide an update on trading for the period
Continued execution of our highly differentiated growth strategy has enabled us to capitalise on robust demand in our key markets and to grow market share, while reducing paid marketing investment to the low end of our guidance range.
Key highlights:
á Record net GMV1 and revenue2 of
á Net bookings totalled 6.5m (+37% year on year) and net bed-nights totalled 22.7m (+30% year on year), driven by strong growth across all regions
á Net average booking value of