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Hostelworld Group (HSW) investor relations material
Hostelworld Group Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance and trading update
Net revenue reached €52.2m in H1 2026, up 12% year-on-year, with revenue per transaction rising 11% to €14.9.
Effective commission rate increased to 17.7% in H1 2026, reflecting successful marketplace monetisation.
Adjusted EBITDA grew 11% to €8.2m, with a stable EBITDA margin of 16%.
Direct marketing costs as a percentage of revenue fell to 49%, supporting net margin growth of 16%.
Closing cash position stood at €15.0m, with net cash of €2.5m.
Operational and strategic developments
Inventory expansion continued, with budget accommodation now available across platforms and languages via a third-party supplier.
Integration of Occasion Genius for event discovery is on track, with launch planned for Q3 2026.
Social Passes are broadening the addressable market.
Market and external environment
Transaction volumes rose 1% year-on-year, but were negatively impacted by the Middle East conflict, especially in Asia and Oceania.
Demand in Europe and North America remained resilient despite geopolitical challenges.
- H1 2026 net revenue up 12% YoY to €52.2m; guidance maintained despite geopolitical headwinds.HSW
H1 20269 Jul 2026 - Revenue up 2% to EUR 93.8m, EBITDA at EUR 19.9m, with new products and AI fueling 2026 growth.HSW
H2 202526 Mar 2026 - Adjusted EBITDA up 88%, all debt repaid early, and social platform drives 80% of bookings.HSW
H1 20242 Feb 2026 - Revenue and engagement grew in H2 2025, with strategic milestones supporting future growth.HSW
Q4 2025 TU15 Jan 2026 - Scaling social travel, AI features, and capital returns drive double-digit growth targets.HSW
CMD 202523 Dec 2025 - Bookings up 6%, EBITDA up 19%, and all debt repaid as social strategy drives growth.HSW
H2 20242 Dec 2025 - Flat revenue and bookings, margin pressure, but strong social and app engagement, and capital returns.HSW
H1 202516 Nov 2025 - Q3 revenue up 5% YoY, with improved margins and full-year EBITDA guidance reaffirmed.HSW
Q3 2025 TU9 Oct 2025
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