**Hostelworld Group PLC Trading Statement Summary (FY 2025)**
**Key Highlights**
**Financial Performance (H2 2025)**
Revenue grew 7% YoY, driven by a 2% increase in bookings and a 5% rise in Average Booking Value (ABV).
Effective commission rate improved to 16.7% (up from 15.4% in H2 2024) due to the rollout of the Elevate monetisation tool.
Marketing efficiency improved, with direct marketing costs as a percentage of revenue dropping to 45% (from 48% in H2 2024).
**Full Year 2025 Results**
Net revenue increased 2% to €93.8 million, with 7.0 million net bookings (+1% YoY) and ABV rising to €13.43 (+2%).
Adjusted EBITDA of €19.9 million, in line with market consensus, representing a 21% margin (down from 24% in 2024).
Closing cash position of €12.2 million and net debt of €1.6 million.
Continued execution of £5 million share buy-back programme (£3.9 million completed by year-end).
Interim dividend of 0.82€ cent per share paid in September 2025.
**Strategic Milestones**
Acquired **OccasionGenius** (USD $12.0 million) in October 2025, enhancing event discovery capabilities and integrating it with the social travel platform.
Launched **Social Passes** in November 2025, monetising social engagement and expanding the addressable market.
Introduced **budget accommodation options** in December 2025, initially available to English-language iOS users across 50 destinations, with broader rollout planned for 2026.
**Management Outlook**
CEO Gary Morrison highlighted improved momentum in H2 2025, driven by disciplined execution of the strategic roadmap. The Group’s investments in marketplace monetisation, social features, and platform enhancements (e.g., 81% YoY growth in member messaging and 86% of bookings being social) strengthened its competitive position. The new capabilities are expected to support long-term value creation, with a resilient balance sheet and expanded growth potential entering 2026.
**About Hostelworld Group**
A social network-powered Online Travel Agent (OTA) focused on hostelling, with a mission to connect travellers. Founded in 1999, the Group operates in over 180 countries and is committed to sustainability, including a hostel-specific sustainability framework and carbon offset options for customers.
**Disclaimer**
The announcement contains forward-looking statements based on current expectations, subject to risks and uncertainties that could impact actual results.
**Contact**
Hostelworld Group plc (Corporate@hostelworld.com) and Sodali & Co (hostelworld@sodali.com) for further information.