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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hostelworld - New social platform drives 50% forecast upgrade

October 2023

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:
  • 128.5p
The share price of Hostelworld, an online travel agent (OTA) specialising in hostels for young travellers, has been extremely volatile since listing in 2015, as like all quoted travel businesses, it endured a tough time during the Pandemic when planes were grounded. But the worm is now turning for the travel industry - you may have seen the latest ONS inflation figures showing a 30% jump in flight prices year-on-year - and  in May Hostelworld put out a strongly worded trading update, saying it had had a blistering year and trading was well ahead of expectations. Bookings in many key destinations were now above 2019 levels, while bed prices had also surpassed pre-Pandemic levels (due to squeezed inventory and strong demand). Broker Shore ...

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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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