RNS Number: 8055 Z Safestay PLC 15 January 2020. Further to the announcement made on 28 October 2019, Safestay, the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has completed the acquisition of the' AthenStyle Hostel' in Athens, for €1.5 million. RNS is approved by the Financial Conduct Authority to act as a...
Safestay, the owner and operator of a new brand of contemporary hostels, announces that on 2 January 2020 it granted awards of options over a total of 1,200,000 ordinary shares of 1 pence each in the Company under the Company's existing share option scheme to four Directors or persons discharging managerial responsibilities.. The Options are exercisable at 33...
·the acquisition of three hostels in Warsaw, Prague and Bratislava from Dreamgroup Management E.C.P. Ltd for a total consideration of €3.7 million; and. ·the increase of Safestay's network to more than 5,000 beds across 21 hostels, all centrally located in Europe's leading cities.
Safestay #SSTY Welcomes Liberum
RNS Number: 2828 U Safestay PLC 22 November 2019. Safestay, the owner and operator of an international brand of contemporary hostels, is pleased to announce that Liberum Capital Limited has been appointed with immediate effect as the Company's Nominated Adviser and sole corporate Broker. RNS is approved by the Financial Conduct Authority to act as a Primary...
Safestay, the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has acquired the Hotel Auberge in central Berlin for €1.2 million. Commenting on the acquisition, Larry Lipman, Chairman of Safestay, " Berlin is a key tourist city which attracts around 13.5 million visitors each year and the hotel benefits from a...
RNS Number: 9902 S Safestay PLC 11 November 2019 11 November 2019. Safestay, the owner and operator of an international brand of contemporary hostels, makes the following disclosures pursuant to Schedule Two, paragraph of the AIM Rules for Companies.. On 14 February 2019, Cloverdale Estates Limited, a company that Larry Lipman, Chairman of Safestay, was a director...
Further to the announcement made on 18 September 2019, Safestay, the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has completed the acquisition of the' Best Western Glasgow City Hotel', for £3.15 million. "Glasgow is a popular city and this site is therefore a strong addition to our portfolio, once the...
Safestay, the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has exchanged contracts to acquire the prime boutique hostel AthenStyle for €1.5 million. Completion of the purchase is scheduled for 15 January 2020.. Athens has always been, and will no doubt continue to be a leading European city attracting...
·Total revenues increased by 24% to £8.1 million with like for like sales up 4%. ·Adjusted EBITDA is £1.4 million. ·The freehold 161 bed Pisa hostel site acquired for £3.0 million in June 2019 has traded strongly.
Safestay Plc (SSTY.L) Announced that it has entered into a joint venture partnership with EOS Sicav Plc to develop a 660- bed hostel in Venice. The company will acquire 50% of the freehold site for €2.1 million and share the development costs of building the hostel on a 50:50 basis. The site covers 6,000 sqm and is located on Via Fratelli Bandiera, a very short walk from the main railway terminal, Mestre Station. Construction is scheduled to begin in 2020 once final licensing is confirmed. The company’s share of the development costs are expected to be approximately €5.0 million and once completed, it will lease the hostel from the joint venture partnership and be the sole operator.
Safestay, the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has entered into a joint venture partnership with EOS Sicav plc to develop a 660 bed hostel in Venice. Venice is undoubtedly one of Europe's most iconic cities attracting over 14 million visitors throughout the year and thereby providing year...
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Company Profile

The Safestay Business was set up in 2011 to develop a new brand of contemporary hostel in the UK and Europe, and opened its flagship hostel in Elephant & Castle, London, in July 2012. The Safestay Hostel has 413 beds in 74 separate rooms which range from 2 bed private rooms to 8 bed dormitories.

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1A Kingsley Way
London
N2 0FW
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