HOSTELWORLD GROUP PLC (HSW) — Investor Presentation

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen. Welcome to the HOSTELWORLD GROUP PLC interim results investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time via the q and a tab. It's just situated on the right hand corner of your screen. Please just simply type in your questions at any time and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, all questions will be reviewed with responses published on the investor meet company platform where it is appropriate to do so. Before we begin, I would like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I'd like to hand you over to CEO, Gary Morrison. Good afternoon, sir. Good afternoon, and welcome everybody to our interim results presentation. So I'm gonna dive straight in. I'm joined by with Caroline Sherry, our CFO, and David Brady, our Head of Commercial Finance. And I wanted to start just by giving some highlights of the first half to June. So in broad terms, we've had a super sell, very, very encouraging. We've seen recovery all demand segments in our portfolio and notably across all the major destinations as well. In particular, I'm incredibly pleased to see our new customer booking behaviors of all the customers that we acquired in from January to June has normalized to pre COVID levels. And as you'll see during the presentation, when I start talking about recurring revenue, the fact that these customers are coming back in exactly the same proportions as we would have expected as if COVID hadn't happened. So it's very exciting. We're very encouraged to see it. And with that,...