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Aug 6 2020, 07:20 IST/BST
Hostelworld has reacted, in our view, swiftly and sensibly to the COVID-induced market dislocation. Its cost reduction and cash conservation measures have limited the short-term downside risk, while the equity raise and its accelerated Roadmap for Growth initiatives have laid the financial and technological groundwork to capture demand as it begins to improve.
Aug 6 2020, 07:20 IST/BST