Gary Morrison

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Chief executive Gary Morrison raised €15.2 million in a share sale last June to shore up its balance sheet

A US investor who has built up an almost 13 per cent stake in Hostelworld has said that he is not planning to bid for the online hostel booking compan(...)

Full-year 2020 net bookings were in the range of 20 to 22 per cent as previously guided

Hostelworld is in talks with lenders to secure a new €30 million debt facility as it reported a low number of bookings during the fourth quarter due t(...)

Photograph: iStock

Hostel booking company Hostelworld said its chief financial officer TJ Kelly is stepping down from the company, taking up a position with Origin Enter(...)

Hostelworld forecasts continued improvement in the second half of the year, although bookings will remain at “significantly reduced levels” when compared to 2019

Revenues fell 69 per cent to €12 million at Hostelworld during the first six months of the year due to Covid-19-led travel restrictions. The hotel bo(...)

For its pessimistic scenario, Hostelworld has factored in a second Covid-19 wave and significant disruption to travel in the first half of next year. Photograph: iStock

Hostel booking company Hostelworld expects net revenues this year to fall by 80 per cent as it set out plans to raise money. In a stockmarket update(...)

Photograph: iStock

Online accommodation booking platform Hostelworld has revised the impact of the coronavirus outbreak on its business, saying it would now hit earnings(...)

Photograph: iStock

Online accommodation booking platform Hostelworld said its earnings for 2019 were in line with guidance, but warned uncertainty over the coronavirus o(...)

Hostelworld said revenue was down but average booking value was up.

Online accommodation booking platform Hostelworld saw revenue fall as booking demand over the peak summer period failed to live up to expectations. (...)

 Walkers and cyclists on the Waterford Greenway. The chief executive of Irish travel website Hostelworld, Gary Morrison, says Hostelworld is optimistic about its future growth. Photograph: Bryan O’Brien

Irish travel website Hostelworld has reported a drop in revenue and profit for last year in what it described as a “highly competitive market”. But t(...)

Hostelworld chief executive Gary Morrison

Hostelworld expects modest earnings growth next year as it invests in new initiatives identified as part of a strategic revue into the business by its(...)

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