Holiday group maintains sunny disposition despite £35m hit from Covid-19
Holiday firm On the Beach believes it is "well placed" to take advantage of the problems facing the travel industry, despite being hit by significant cancellation costs.
Covid-19 cost holiday firm On the Beach £34.7m in the weeks up until the end of March, its latest financial figures reveal.
The figure does not take into account the "significant reduction in booking volumes" in February and March, but is mostly made up of the cost of cancellations or expected cancellations.
On the Beach chief executive Simon Cooper said the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
