London-listed Hostelworld’s revenue is up 7% year-on-year for the second half of 2025, helped by higher booking values, stronger commissions and more efficient marketing spend.

The Dublin-based firm increased its effective commission rate to 16.7% as it rolled out its “Elevate” monetisation tool, while direct marketing costs fell to 45% of revenue.

Over the year, the business also delivered key strategic milestones including the $12 million acquisition of US events platform OccasionGenius, the launch of paid “Social Passes” and an early rollout of budget accommodation options.

For the full year, net revenue rose 2% to €93.8m and adjusted EBITDA is expected to come in at €19.9m.