Monday November 30, 2020

Hostelworld bosses get €1.6m share bonanza as profits continue to slide

Barry J Whyte

Chief Feature Writer

7th April, 2019

Eight senior executives at listed travel company Hostelworld were granted a total of €1.6 million in shares, in a long term incentive plan, as the company announced a fall in revenue and profits last week.

Chief executive Gary Morrison got the equivalent of more than €600,000 in shares, while the chief financial officer TJ Kelly got the equivalent of just over €300,000, stock exchange filings show.

Shares were also given to chief technology officer Noel...

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