15 August
2024
Safestay
PLC
("Safestay")
Result of AGM
Safestay PLC (AIM: SSTY), one of Europe's
largest hostel groups, is pleased to announce that at its Annual
General Meeting, held on 15 August 2024 at 9:00am at Safestay
London Elephant & Castle, all the resolutions as set out in the
Notice of Annual General Meeting were passed.
ENDS
Enquiries
|
Safestay
PLC
Larry Lipman
|
Tel: +44 (0) 20 8815 1600
|
|
Shore Capital
(Nomad & Broker)
Tom Griffiths/Harry Davies-Ball
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Tel: +44 (0) 20 7408 4090
|
|
Hudson Sandler
(Financial PR)
Alex Brennan/Lucy Wollam
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Tel: +44 (0) 20 7796 4133
safestay@hudsonsandler.com
|
For more
information visit our:
Website www.safestay.com
Vox Markets page https://www.voxmarkets.co.uk/company/SSTY/news/
Instagram page www.instagram.com/safestayhostels/
Notes to Editors
About Safestay
PLC
Safestay PLC is one of
Europe's largest hostel groups, operating in the fragmented and
fast-growing global hostel market that is expected to be worth
$8.9bn annually by 2027*.
Safestay's portfolio of 19 premium hostels and
one hotel offer guests both private and shared rooms in destination
cities across the UK, Spain, Belgium, Czech Republic, Germany,
Greece, Italy, Poland, Portugal, and Slovakia.
The Group currently offers 3,580 beds
across its locations and sold 848,633 bed nights in 2023, a 17%
increase against the prior year.
Safestay's mission at each of its locations is
to provide a safe, inclusive, and enjoyable space that caters to
the needs of different travellers. Its properties offer first-class
locations and thoughtful designs that cater for the different needs
of travellers, from digital nomads to backpackers and from families
to group travellers.
The company's strong growth momentum continues
and during 2024 has announced the acquisition of a freehold hotel
property in Brighton and a hotel in central Cordoba, Spain, with
the intention of converting these into a 220-bed hostel and 100-bed
hostel respectively, as well as the signing of its first management
contract for a 120-bed hostel on Spain's Costa Blanca.
https://www.safestay.com/
*Source -
Markets and Research, August 2022
Safestay's pan-European locations
include:
·
Athens
Monastiraki, Greece
·
Barcelona
Gothic, Spain
·
Barcelona Passeig de Gracia, Spain
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Berlin
Kurfurstendamm, Germany (hotel)
·
Bratislava Presidential Palace, Slovakia
·
Brighton, UK (in development)
·
Calpe Seafront, Costa Blanca, Spain
·
Cordoba Mezquita Cathedral, Spain
·
Brussels
Grand Place, Belgium
·
Glasgow
Charing Cross, UK
·
Edinburgh
Cowgate, UK
·
London
Elephant & Castle, UK
·
London Kensington Holland Park, UK
·
Lisbon
Bairro Alto, Portugal
·
Madrid
Central, Spain
·
Pisa
Centrale, Italy
·
Prague
Charles Bridge, Czeck Republic
·
Warsaw
Old Town, Poland
·
York
Micklegate, UK