Dublin-based hostel booking company Hostelworld said today that its overall revenues have not been materially affected by the current Middle East unrest, so far.
But in a statement ahead of its AGM in Dublin today, Hostelworld said the broader macroeconomic consequences of the Middle East conflict are uncertain and difficult to predict.
The company noted that demand for intra-European travel remains in line with its expectations and is currently offsetting softness in long-haul demand from Asia, where bookings on routes through the affected region have been impacted.
"Given the relatively short booking windows in our segment of the market, the Board will continue to monitor trading patterns closely and update shareholders should the position change," it said.
"On that basis, and assuming no further escalation of the Middle East conflict, the Board reiterates its guidance for the financial year 2026 in line with current market expectations," it added.
Marieke Bax, Chair of Hostelworld, is due to tell the AGM that despite the currently challenging backdrop, she is encouraged by the strength of the platform the team has built and the underlying engagement it is seeing on the network.
"An AI agent can book a bed almost anywhere, only Hostelworld can introduce travellers to the people they will spend their evening with. This is a structural advantage that compounds as AI reshapes how people discover and book travel," the company's chair said.
