On The Beach News
On the Beach remains optimistic despite first-half loss
On the Beach recorded a first-half loss of £34 million in the six months to the end of March, compared to a profit of £12 million for the same period last year.
On the Beach Group eyes post Covid-19 opportunities
On the Beach Group will seek to raise £67.3 million in a share placing as the company positions to survive the collapse in travel surrounding the coronavirus pandemic.
On the Beach rejigs leadership team with new appointments
On the Beach has appointed four new directors across the marketing, people and product functions.
On the Beach launches new ad campaign in UK
The campaign was created by Uncommon, who were appointed earlier this year, and sees the brand move away from ‘the Beach’ character, which has fronted its campaigns since 2017.
On the Beach seeks to capitalise on Thomas Cook collapse
On the Beach Group has said it is well positioned to benefit from the collapse of Thomas Cook. The 178-year-old travel giant was forced into administration last month, faltering under as much as £3 billion in debts.
Garner to lead Classic Collection Holidays
Oliver Garner has been appointed chief executive of both Classic Collection Holidays and Classic Package Holidays - the online agent-only booking portal launched by On the Beach earlier this year.
On the Beach issues profit warning as Brexit bites
The weakening value of sterling and continued uncertainty around Brexit have seen package tour operator On the Beach issue a profit warning. In a statement to markets, the company said profits this ear would be “below the board’s expectations”.
On the Beach overcomes Brexit uncertainty to boost first half results
On the Beach Group has reported revenue of £63.5 million for the six months ended March 31st, an increase of 41 per cent when compared to the same period last year. Group gross profit increased five per cent, to £47.5 million, while group adjusted profit before tax was up 14 per cent to £15.7 million.
Pennycook to chair board of On the Beach
On the Beach Group has announce that Richard Pennycook has been appointed as non-executive chair of the board. Taking up the role in April, he will also chair the nomination committee.
On the Beach remains cautiously optimistic ahead of Brexit
The tour operator said it had continued to perform well in the first four months of the financial year, seeing core UK revenue growth, after all marketing costs, of 20 per cent.
On the Beach partners with Emirates for UAE holidays
Having fine-tuned its core business, which has historically focused on short-haul holidays, the online travel agent will introduce medium to long-haul holidays, which will focus on Dubai and popular Arabian Gulf beach resorts such as Ras Al Khaimah.
On the Beach returns to television screens over festive period
The TV ad was shot in Majorca, one of the online travel agent’s most popular destinations, and the quirky character’s suit was made by Millennium FX, one of Europe’s leading suppliers of prosthetics, animatronics and makeup FX for film and television.