Hostelworld Prices Its IPO at a $270 Million Valuation


Skift Take

Although it is very much apples to oranges, the Hostelworld IPO might be viewed as a toe in the water for companies such as Airbnb and other alternative lodging/sharing-economy companies mulling their futures as public companies.
Hostelworld Group, which states it offers a lower-priced distributed channel than online travel agencies for hostels and other budget accommodations, priced its IPO in the UK and Ireland, valuing the company at $270.3 million. There haven't been big travel IPOs so far in 2015 as Hostelworld prices s