Hostelworld Raids Expedia for New CEO


Skift Take

Although this looks like a smooth change at the top, we'll have to keep an eye on whether the new CEO deviates from the path the company has set itself on in recent years.

In what seems like an orderly transition, Hostelworld Group 's long-serving CEO Feargal Mooney is stepping down next month. Expedia's head of retail, Gary Morrison, will replace him. Mooney has been at Hostelworld for 16 years and served as CEO for the last 10. He was instrumental in the company's growth and led it to an IPO in 2015. Morrison's appointment comes after what Hostelworld called a "rigorous search process". He will take over on June 11, immediately