Directors Deals 

On The Beach board member buys in

On The Beach board member buys in

Summer holidays are fast approaching, and travel companies are probably hoping the UK doesn’t encounter another heatwave like last year. Most travel companies blamed unusually sunny UK weather for putting travellers off booking a foreign holiday in favour of a staycation. And while online holiday booking platform On The Beach (OTB) wasn't immune to such issues, a lack of physical assets – such as airplanes – has protected it from various industry challenges, compared to other tour operators. Despite "suppressed demand", chief executive Simon Cooper says the company increased both sales and profits during the last financial year.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now