Moneybags

CAN INVESTORS BE TEMPTED TO BOOK INTO HOSTELWORLD?

Date: May 31, 2018 - Moneybags

Michael Cawley

Michael Cawley


WHEN RAY NOLAN and Tom Kennedy sold off their online youth hostel booking business to US group Hellman & Friedman in 2009, it was always going to be interesting to see what happened next. The latter floated Hostelworld on the stock market in October 2015 at €2.70 a share to raise €184m, having bought in… Read more »

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