A N N U A L R E P O R T 2 0 2 1
2020-2021
Room revenue grew by 37% to £4.9 million
Food & beverage and ancillary revenue were up 48%
1SAFESTAY PLCREPORT & FINANCIAL STATEMENTS 2021
Establishing Safestay as Europe's leading premium hostel network.
The Group has a unique network in Europe which provides the opportunity to offer young travellers and groups visiting Europe, accommodation in multiple cities in one packaged deal. In addition, it provides Safestay with a natural hedge against currency and economic volatility.
2 | Our Locations |
4 | A Year Where Digital Came Into Its Own |
5 | Chairman's Statement |
9 | Officers and Professional Advisers |
10 | Strategic Report |
15 | Directors' Report |
24 | Directors' Remuneration Report |
26 | Corporate Governance |
28 | Independent Auditor's Report to the Members of Safestay plc |
34 | Consolidated Income Statement |
35 | Consolidated Statement of Comprehensive Income |
36 | Consolidated Statement of Financial Position |
37 | Consolidated Statement of Changes in Equity |
38 | Consolidated Statement of Cash Flows |
39 | Notes to the Consolidated Financial Statements |
73 | Company Statement of Financial Position |
74 | Company Statement of Changes in Equity |
75 | Company Statement of Cash Flows |
76 | Notes to the Company Financial Statements |
2 | SAFESTAY PLC | REPORT & FINANCIAL STATEMENTS 2021 |
2020-2021
UK
Glasgow
York
London Kensington Holland Park
London Elephant and Castle
BELGIUM
Brussels
PORTUGAL
Lisbon
SPAIN
Barcelona Passeig de Gràcia
Barcelona Gothic
Madrid
3 | SAFESTAY PLC | REPORT & FINANCIAL STATEMENTS 2021 |
16locationsacross the vibrant, tourist cities of Europe.
GERMANY CZECH | POLAND |
Warsaw |
BerlinREPUBLIC
Prague
SLOVAKIA
Bratislava
AUSTRIA
Vienna
ITALY
Pisa
GREECE
Athens