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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hostelworld

October 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • HSW
  • Price:
  • 75p
There’s a two-way pull in sentiment for travel shares with hopes surrounding the opening up of activity post Lockdown tempered by the impact on consumer budgets of the rising cost of living. Hostelworld, the online provider of hostel accommodation, is better positioned than most because its customer base is weighted towards younger people who are less likely to have hefty mortgages while its products are more affordable than, say, luxury hotels.At the start of the year bookings were still only at 30% of FY’19 levels but this has improved to 80% in June. This momentum was reflected in interims, which showed net revenues increasing from €2.9m to €28m driven by pent up demand as restrictions were eased. Net average booking value incre ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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