Shares in travel accommodation group Hostelworld plc (LON:HSW) went 7% higher in early deals despite challenging conditions in the sector and a fall in profits.
The group adjusted profit after tax fell to €7.7mln compared to €8.8mln in the same period last year.
But despite terrorist attacks in Europe, the firm said it was seeing good traction with its strategy focused on brand, pricing ,mobile and Asia.
Bookings from mobile devices increased to 45% of total bookings in the period, from 36% in 2015.
Meanwhile, brand bookings to Asian destinations were up 30%
The interim dividend was declared at 4.8 cents a share, in line with its policy and the company said it was on track to meet expectations for the full year.
Feargal Mooney, the chief executive, said: "Trading during the key months of July and August has been in line with our expectations, underpinned by the strength of our brand and platform.
"We will continue to manage the risks to our business posed by the impact of terrorist attacks on travel demand and patterns and by macro-economic uncertainties and currency fluctuations surrounding Brexit and, based on performance for the year to date, our expectations for the full year are unchanged".
Shares added 7.05% to stand at 167p.