Hostelworld ( (GB:HSW) ) just unveiled an announcement.
Hostelworld Group announced that Ulrik Bengtsson will step down as Chairman and Non-Executive Director by the end of October 2025, as he has accepted a CEO position at another company. The board will begin searching for a new Independent Non-Executive Chair to support the company’s growth strategy, which will be detailed in an upcoming capital markets day. This leadership change comes as Hostelworld continues to focus on its growth potential and distinctive social strategy.
More about Hostelworld
Hostelworld Group Plc is a leading online travel agency (OTA) that specializes in the hostelling category, aiming to connect travelers through social features on its platform. Founded in 1999, the company has a strong global presence with hostel partners in 170 countries and a commitment to sustainability, including initiatives with the Global Sustainable Tourism Council and efforts to be climate neutral.
YTD Price Performance: -7.41%
Average Trading Volume: 73,168
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £154.4M
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