The group, the UK’s largest OTA, on Tuesday (24 May) revealed it had trimmed its first-half pre-tax loss (six months to 31 March 2022) by two-thirds to £7 million, while group revenue has increased to £52.9 million compared with just £4.4 million a year ago as sales rebound.
Booked sales growth for the half is up 6% compared with H1 2019, despite the effects of the Omicron variant of Covid-19 and the government-imposed travel restrictions imposed as a result. Growth, said the group, is based exclusively on new cash bookings rather than redemption of vouchers or refund credit notes.
