Increases in passenger numbers and average booking values helped On the Beach achieve record transactional value of nearly £500 million during the first half of the year.
On the Beach has nevertheless reported record total transaction value of more than £1 billion
The OTA’s total transactional value (TTV) ran to a record £495 million during the first half of the year (six months to 31 March 2023), up by more than a quarter (28%) compared with the same period last year.
Revenue, meanwhile, increased by 38% year-on-year to £73.2 million, while group earnings before interest, tax, depreciation and amortisation increased by 11% to £4.1 million. The group also shrunk its total loss before tax from £7 million to £6 million.
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