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Safestay Considers Further Property Sales, Review of Financing Deals

MT Newswires·10/26/2026 06:44:38
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06:44 AM EDT, 10/26/2026 (MT Newswires) -- Safestay (SSTY.L) is exploring options such as selling additional properties and reviewing its financing arrangements to further strengthen its liquidity, according to a Monday release. The UK-based hostel owner and operator said it continues to face liquidity pressures despite improved trading, property disposals and careful cash management, with year-to-date trading still below its expectations. The company is therefore evaluating a range of measures to manage its working capital requirements through the quieter winter period, when cash flow remains challenging, and into 2027.