On The Beach has published interim results
OTB extended its bar on summer 2021 bookings in May. It had previously blocked departures until 30 June, but extended this until 31 August. It said it had been correct to do so given the reclassification of Portugal, but in an interim trading statement, it added:
“This position will continue to be monitored following further government updates on travel and associated restrictions. On the Beach will return to selling summer 2021 beach holidays as soon as there is more certainty that new holidays booked will take place without disruption or cancellation, and that the traffic light requirements can be managed by authorities and consumers alike.”
Simon Cooper, chief executive, said going off sale meant customers had avoided “suffering yet more turmoil and disappointment”.
OTB’s latest figures show the continued impact of Covid on the beach holiday sector.
In the six months to the end of March 2021, the group lost £9.5…