Primary Recommendation

Hostelworld - Bookings in the palm of their hands

February 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

For most of us, the term "hostel" brings to mind cheap, dormitory-style accommodation with bunk beds and between six and 20 places to a room catering to budget-conscious backpackers. But no more. In the last few years the sector has seen a huge influx of money to improve accommodation quality (even Hilton is joining the action with its Motto brand).About 18 months ago, I met with AIM-listed Safestay (SSTY; 33.5p), which owns and operates 13 hostels across seven countries offering 3,100 beds and I visited one hostel right in the centre of leafy Holland Park. While being cheap as chips remains central to their business, as this site vividly demonstrated, today’s hostels are bright, stylish and modern and include priva ...

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Market Comment - February '19

AFH Financial - Prospective PEâ€ˆof 10.8

Hostelworld (September 2021)

Hostelworld (February 2021)

Hostelworld (April 2020)

Hostelworld - Results due 4 March (February 2020)

Hostelworld - Expects recovery next year (November 2019)

Hostelworld (May 2019)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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