1
4
Growth Score
-1 pts
Heat Score
-6 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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535499
Hostelworld is a booking website that enables its users to make online reservations and payments.
Neil Flanagan: Director Of TechnologyPast Role: Brandtone, Chief Technology Officer- Catherine Gilvarry: Head of Marketing - Asia
About the Company
Hostelworld.com is a hostel booking website. The flagship brand of parent company Web Reservations International (WRI), the site was launched in 1999 when a hostel owner and IT entrepreneur identified a niche in the market to introduce online bookings into hostels. Prior to 1999 no technology solution existed which enabled customers to make, and
hostels to take secure confirmed payments via the internet. The company went from strength to strength and has gone on to become the leading provider of online reservations for the budget, independent and youth travel market. Its optimal business model and the use of best of breed technology enable the company to profitably distribute low cost product.
