Tourism
Safestay reports ‘record’ revenues of £23m in FY24
According to Safestay, an improvement in the booking mix reflected a ‘step-change’ in its marketing capabilities
Safestay has reported that revenues hit a “record” £23m in its full-year results, up by 2% against the prior year, despite ongoing cost-of-living pressures impacting the young traveller demographic across its key markets.Although the group reported a rise in revenues, in part driven by more group bookings, its adjusted EBITDA fell slightly to £6.5m, down from £6.8m in FY23.
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