Dublin-based hostel booking company Hostelworld has said bookings and revenue increased last month, as it continues to recover from pandemic shutdowns.
In a trading update, it said net bookings in June reached 80% of the levels recorded in the same month in 2019.
Revenue was at 104% of 2019 levels - driven by higher average booking values.
The company said they are seeing the recovery continue across all destinations.
In particular, it said booking demand into Europe, their largest destination in 2019, remains strong with their top markets in Southern Europe exceeding 2019 levels.
It said booking momentum is slowly returning in Oceania and Asian destinations from a very low level in January, with booking demand in June at 43% of 2019 levels.
Long haul bookings have reached 75% of 2019 levels in June, it said, with trips from the US and Canada into European destinations above 2019 levels.
"I am encouraged by the positive indicators we report today across all of our key market segments which demonstrate the ability of our business model to capture pent-up customer demand as the travel market returns," said Gary Morrison, Group Chief Executive Officer at Hostelworld.
"Despite macro-economic uncertainties and recent disruption to airline schedules, I am very confident that we are well positioned to continue to capitalise on the travel recovery as we enter our key seasonal summer trading period," he added.
The group is due to report its half year results for the six months ended 30 June 2022 next month.
