Safestay Announces Sale and Leaseback of Brighton Freehold Property
The retailer has announced the sale and leaseback of a freehold property in Brighton, with the proceeds to be used for debt repayment and working capital.
The retailer has announced the sale and leaseback of a freehold property in Brighton, with the proceeds to be used for debt repayment and working capital.
The retailer has announced a change in its shareholding structure.
The hospitality group is selling a freehold property but facing significant trading challenges, with the Board considering strategic options to address headwinds.
The hostel operator faced significant challenges in H1 2025, with revenue declining 5.6% amid intense pricing pressures. Despite some positive developments, the outlook remains uncertain with full-year revenue expected to be lower than 2024.
The hostel operator reported declining revenue and profitability amid challenging market conditions. Significant price pressures and deteriorating market conditions are expected to impact full-year performance.
The hospitality group has signed its first franchise agreement to operate two hostels in the Austrian alpine resort of Kitzbühel, expanding its presence beyond major European cities.
The hospitality company has published its annual report and announced the date of its upcoming annual general meeting.
The hospitality group has signed a 12-year lease to operate a 300-bed hostel in the centre of Naples, Italy, marking the start of a strategic partnership to open more hostels across the country.
The lodging company has announced a change in director shareholdings.
The retailer has appointed a new Chief Financial Officer, replacing the previous CFO.