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XBRU:TNET 20 February 2026

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  • Broker Sees 105% Upside in FTSE SmallCap Hostelworld Amid Travel Recovery
    April 3, 2026, 6:14 AM EDT. Hostelworld Group (LSE:HSW), a travel booking site popular with solo and young travelers, trades near a 52-week low at 100p but has received a Buy rating from Canaccord Genuity with a 205p target, implying a potential 105% gain. The company rebounded post-pandemic, reporting €93.8 million revenue and €19.9 million adjusted EBITDA last year. Its net debt improved significantly to €1.6 million from €13.4 million in 2022, enabling the return of dividends, with a 3.4% forward yield for 2026. Hostelworld's innovative social network, which connects travelers through group chats and events, increases booking frequency among its 3.4 million members, lowering marketing costs and boosting loyalty. While pandemic disruption remains a risk, Canaccord believes the market undervalues Hostelworld's growth potential in the recovering travel sector.
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