Results round-up
Hostelworld said the hot weather seen across Europe of late had encouraged people to forego travel and stay at home during the all-important period.
Interim net revenues fell 9% to €42m, while underlying profits tumbled 24% to €9.8m.
Earnings per share dropped from 10.82 euro cents to 7.97c.
The hostel-focused online booking platform warned investors that unless something changes, it was likely to see bookings for the full year come in flat, reversing the 2% growth seen in the first half.
Hostelworld also stated that World Cup bookings were softer than expected in the peak months of July and August.
New chief executive Gary Morrison, who replaced longtime CEO Feargal Mooney back in May, said Hostelworld remained focused on cutting costs to offset the impact on its EBITDA - which fell 24% to €9.8m throughout the period.
Hostelworld dropped its interim dividend to 4.8c from 5.2c.
Elsewhere, Hostelworld announced that TJ Kelly would take over as its new chief financial officer from 21 November.
Software and services firm Tracsis reported some strong trading from its last financial year on Tuesday.
Tracsis told investors it had seen revenues for the year ended 31 July come in ahead of market expectations at roughly £40m, a 16% improvement year-on-year, as positive momentum was experienced throughout all parts of the group.
In its year-end trading update, Tracsis also advised that EBITDA and adjusted profits were expected to top market expectations and 2017's figures.
Trascis said it was "pleased with the continued growth and progress" made during the year - including the acquisition of Travel Compensation Services, the ongoing delivery of a major software implementation at an unnamed British train operator and the solid trading within its MPEC and Ontrac subsidiaries.
"The group remains well positioned for further growth as we enter the new financial year, with a good pipeline of organic sales opportunities, M&A prospects and positive industry growth drivers," Tracsis said.
Tracsis intends to publish its fully audited results in November.