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Evening Standard
Evening Standard
Business
Mark Banham

Hostelworld revenues spike on travel market ‘strong recovery’

Hostelworld

Hostelworld Lub D, Phuket

(Picture: Hostelworld )

Losses at travel accommodation provider Hostelworld have halved in the first half of the year due to a “strong recovery” in travel bookings.

The business reported an adjusted loss of €5.2 million (£4.4 million) compared to €9.7 million in the first six months of 2021.

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