Safestay Reports Strong Growth and Expansion

Safestay (GB:SSTY) has released an update.

Safestay PLC reports a robust financial performance in the first half of 2024, with a 23% increase in adjusted EBITDA and a 6.6% rise in revenue. The company’s strategic expansion has added four new properties, enhancing its platform for long-term growth in the European hostel market. This positive trend is supported by strong occupancy rates and a focus on operational excellence.

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