Hostelworld (HSW.L, HSW LN)
DUE TO THE ANNOUNCEMENT OF AN EQUITY RAISE BY HOSTELWORLD, DAVY IS NOW IN A PERIOD OF ORDINARY COURSE RESEARCH. RESTRICTIONS THEREFORE APPLY TO OUR RESEARCH COVERAGE. Founded in 1999, Hostelworld now operates the world's largest hostels-focused online booking platform (featuring 17,400 hostels globally) and is a compelling play on the growing online travel space. It is uniquely positioned at the centre of the growing budget accommodation ecosystem with a young and dynamic customer profile (80% of customers are below 30 years of age) and over 12m reviews on its site.
|Aberforth Partners LLP||12.1|
|Strategic Equity Capital||7.0|