Hostel group sees bookings rise 6%
Shares in Dublin-headquartered accommodation booking company Hostelworld jumped by as much as 3% on the back of it reporting a 6% increase in total bookings for 2017 and saying its annual earnings should meet its targets, writes .
In a pre-close trading update, ahead of the publication of its annual results in April, Hostelworld said bookings via its flagship brand increased by 13% in the year, with second-half growth of 6% noted. Further progress was made on the group’s mobile strategy, with mobile, including tablets, now representing more than 54% of total group bookings. In 2016, mobile accounted for 47% of total bookings.
