Mon, 11th Jun 2018 12:56
LONDON (Alliance News) - Hostelworld Group PLC Chairman Michael Cawley said Monday the company expects to have limited visibility on booking in the forthcoming peak season.
In his annual general meeting statement, Cawley said that the company will also face headwinds from adverse foreign exchange movements and increasing competition in Europe.
However, Cawley reaffirmed the hostel online booking platform's earnings estimate for 2018.
Hostelworld shares were trading up 0.4% at 341.29 pence each.
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Hostelworld (HSW)