News
Safestay PLC - Final Results
·15% growth in UK revenues to £8.5 million showing strong underlying performance. ·UK average bed rate stable at £19.80 with scope for future increases in line with increased demand. ·Completed the refinancing of Elephant& Castle and Edinburgh hostels raising £11.4 million of gross cash proceeds.
·15% growth in UK revenues to £8.5 million showing strong underlying performance. ·UK average bed rate stable at £19.80 with scope for future increases in line with increased demand. ·Completed the refinancing of Elephant& Castle and Edinburgh hostels raising £11.4 million of gross cash proceeds.