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News 2026-10-07 07:11 UTC

BUZZ — Ireland's Hostelworld slides on softer FY27 growth outlook

* Shares of online hostel booking platform Hostelworld up/down 14.7% at 87p * Top loser on FTSE small cap index * FY27 net revenue growth seen in mid-single digits * ** Says Middle East conflict and weak long-haul travel demand are likely to weigh on volumes into 2027 * Expects FY26 adjusted core profit of €20 mln-€21