(Alliance News) – Hostelworld Group PLC shares were up on Wednesday, after it said it has returned to profitable growth in 2022 with recovery in Europe, Asia and Oceania.
Shares in the Dublin-based hostel booking company were up 4.6% to 121.73 pence each in London on Wednesday around midday.
Hostelworld hailed a “recovery in Europe and in particular, Asia and Oceania” in the second half of 2022, as full-year net bookings hit 4.8 million.
It reported that revenue amounts to EUR70…