ANALYSTS at Shore Capital gave Hostelworld a glowing review yesterday after 'revenge travel' bookings saw demand rise across the world.

The investment group upgraded revenue forecasts, saying demand recovery "has been seen across all geographies" over the past year, as travel restrictions have eased, with particular highlights in Europe.

Shares in the operator are trading 16 per cent up on the year, driven by the belief that the Covid-19 pandemic and travel restrictions can be consigned to the past.

(c) 2022 City A.M., source Newspaper