• On the Beach reports weak trading ahead of summer | News

    On the Beach Group has said consumer demand remains “very weak” following a series of disruptions owing to Covid-19. Ahead of its annual general meeting today, the company said UK web traffic, bookings and spend on online marketing activity across the first four months of the financial year down 73 per cent, 83 per cent and 85 per cent respectively. As a result of the four-week lockdown in November and the subsequent UK-wide lockdown that commenced in early January 2021, combined with further reductions in winter flying programmes, consumer demand for forward holidays has remained very weak,” explained a statement. The company said it was responding to the latest travel…