By Anthony O. Goriainoff
Hostelworld Group PLC said Wednesday that it expected to end 2022 with a modestly positive Ebitda and with a stronger cash position than originally expected, and that net revenue in September was above 2019’s levels.
For 2021, the company reported an adjusted loss before interest, taxes, depreciation and amortization of 17.3 million euros ($16.8 million).
The London-listed online hotel-booking platform said September’s revenue reflected the…