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Thursday 26 April 2018

Safestay Plc (LON:SSTY) 'reinventing the hostel market': Proactive Investors Stocktube

Published on 26 Apr 2018
Nuno Sacramento, chief operating officer at Safestay Plc (LON:SSTY) tells Proactive's Andrew Scott they're breathing new life into the hostel market. 

 ''Hostels have had a poor tradition in terms of quality and service ... we've redefined our model completely with a stylish and contemporary offering with all the service elements you'd expect from a great business''. 
 Last month Safestay announced it had acquired a third hostel in Barcelona for €3mln. Known as Barcelona Centric, the hostel's situated in one of Barcelona's most desirable avenues - Passeig de Gràcia.

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