Geopolitical risk tests travel, says Hostelworld supremo

Feargal Mooney said company’s critics might be “a little bit overly focused on the headwinds" rather than the opportunities

Barry J Whyte

Chief Feature Writer @whytebarry
29th January, 2017
Feargal Mooney, chief executive of Hostelworld Picture: David Parry

Hostelworld has “certainly got a job of work to do” in an increasingly competitive travel market beset by major geopolitical risk, according to its chief executive, Feargal Mooney.

The company last week announced that its core Hostelworld brand has seen 21 per cent growth in bookings for the second half of 2016.

However, the combination of a decline in its other booking brands’ overall volumes and a bad start to 2016 mean that business overall...

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