Online travel firm executives share €400,000 bonus

Bonus payments to the four executives leading online travel firm hostelworld.com last year totalled almost €400,000, figures show.

New accounts show that chief executive Feargal Mooney, along with three other executives, shared the €388,300 bonus payments after the company behind hostelworld.com and hostels.com sustained a marginal drop in operating profits to €9m in the 12 months to the end of December last.

The total remuneration for the four top-earning executives at the firm last year amounted to €1.32m.