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Evening Standard
Evening Standard
Business
Anna Wise

Hostelworld cashes in on higher commission as Iran war dampens bookings

Hostelworld has been cashing in on commission from hostels wanting to bump up their listings, despite the Middle East conflict dampening interest in long-haul trips.

The company, which is a platform for hostels around the world, said revenues totalled 52.2 million euros (£44.5 million) for the six months to the end of June, up 12% on the year before.

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