Safestay Share News (SSTY)

Safestay hails minimum 20-year management contract for hostel in Spain

(Alliance News) - Safestay PLC on Wednesday celebrated a management contract for an independent hostel in Spain for an initial 20-year term.

Safestay secures first management contract

(Sharecast News) - Hostel operator Safestay has inked its first management contract to run the resort-based 120-bed Calpe Seafront Hostel on Spain's Costa Blanca.

Safestay annual trading to meet expectations; refinances borrowings

(Alliance News) - Safestay PLC on Monday said its annual trading was "comfortably" in line with market expectations.

Safestay FY trading 'comfortably in line' with market expectations

(Sharecast News) - Safestay said on Monday that full-year trading was set to be "comfortably in line" with market expectations.

Safestay buys former hostel in Edinburgh for GBP4.3 million

(Alliance News) - Safestay PLC on Monday said that it has bought a freehold property in the centre of Edinburgh, which previously operated as a hostel, for GBP4.3 million.

EARNINGS: Andrews Sykes revenue up; Safestay optimistic

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

Safestay swings to an annual loss but revenue rises; outlook positive

(Alliance News) - Safestay PLC on Friday said that it had swung to a loss but revenue was up, noting it was beginning to return to pre-Covid-19 levels.

LONDON MARKET CLOSE: FTSE 100 red, sterling keeps up positive momentum

(Alliance News) - Stocks in London were largely higher at the close on Tuesday, though the FTSE 100 was pulled into the red by poorly received results from online grocer Ocado and chemicals firm Croda International.

IN BRIEF: Safestay shares surge as yearly revenue set to jump

Safestay plc - city centre hostels operator - Says annual revenue in 2022 will come in ahead of market expectations at GBP19.0 million, multiplying from GBP6.4 million in 2021. Adjusted earnings before interest, tax, depreciation and amortisation are expected to be in line with market expectations at GBP5.9 million, swinging from a GBP1.0 million loss. Says business is "returning to normal" with guests being predominantly young travellers, as group bookings are seeing a slower recovery. Average bed rate increases to GBP23.70 from GBP19.70, which should be "sustainable", firm says.

LONDON MARKET MIDDAY: Stocks lower; Sunak looks to sell protocol deal

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday, as investors wait to hear whether UK Prime Minister Rishi Sunak has been able to win support for his Northern Irish border deal with the EU.

AIM WINNERS & LOSERS: Safestay rises as young people travel again

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

TRADING UPDATES: Safestay hires new COO; Seraphine revenue down

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

EARNINGS UPDATES: Volvere says interim performance below expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days