Skip to main content

On the Beach hails Classic Collection's return to profitability after restructure

Operators
Ilaria Grasso Macola
3 December 2024

Classic Collection has a "significant opportunity" to become "the go-to B2B provider of Ryanair packages", its parent On the Beach Group has said.

Classic Collection

On the Beach is confident Classic Collection will return to profitability after a disappointing start to the year

Chief executive Shaun Morton on Tuesday (3 December) laid out a roadmap for the brand’s future after the group revealed it achieved total transactional value (TTV) of £1.2 billion in the 12 months to 30 September – a 15% year-on-year increase from £1 billion in 2022/23.

On the Beach said a deal to sell Ryanair flights, the introduction of city breaks and a wholesale restructure of Classic Collection, returning the brand to profitability, has propelled the group to a third consecutive record-breaking year.