tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Safestay PLC Appoints New CFO to Drive Expansion

Story Highlights
Safestay PLC Appoints New CFO to Drive Expansion

Elevate Your Investing Strategy:

Safestay ( (GB:SSTY) ) has issued an update.

Safestay PLC has announced the appointment of Mr. Carlos Salas Dual as the new Chief Financial Officer, effective June 30, 2025, succeeding Paul Hingston. Mr. Salas Dual brings extensive experience in senior financial management from various sectors, which is expected to support Safestay’s continued expansion and value creation for shareholders in the competitive hostel market.

More about Safestay

Safestay PLC is one of Europe’s largest hostel groups, operating within the fragmented and fast-growing global hostel market, which is projected to be worth $8.9 billion annually by 2027. The company boasts a portfolio of 19 premium hostels and one hotel, offering both private and shared accommodations across various European cities, including the UK, Spain, Belgium, and others. Safestay aims to provide safe, inclusive, and enjoyable spaces for diverse travelers, from digital nomads to families.

Average Trading Volume: 29,432

Technical Sentiment Signal: Strong Buy

Current Market Cap: £15.91M

See more insights into SSTY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1