It comes as the OTA posts its 2022 financial year (FY22) trading update for the 12 months to 30 September.
In the second half of the financial year, group sales were 25% ahead of the same time in 2019 (FY19) and over the full year, sales were 16% ahead of pre-pandemic levels.
The company said all booked sales over the period relate to new bookings, opposed to other operators being "flattered" by the proportion of their new bookings having been rolled over from previous periods or booked using refund credit notes (RCNs).
Investments in its brand, technology, and customer proposition throughout FY22, as well as improved access to a broader hotel portfolio, resulted in growth in 5* holiday sales of 83% against 2019, contributing to total ABV growth of 31%.
On the Beach also reported "good progress" in B2B and long-haul. B2B sales were 45% ahead of FY19 and long-haul sales were up 257%.
Partly due to continued rising costs of living, the lates market for value holidays has"remained subdued" in in the second half of FY22 and as a result, sales of 3* holidays for were 18% below FY19.
Simon Cooper, chief executive of On the Beach Group plc, said: "I am pleased with the group’s performance in what was another disrupted and unpredictable year.
"Whilst Omicron significantly impacted Q1 and into Q2, the second half delivered a 25% sales improvement on H2FY19, contributing to a full year group sales performance 16% ahead of FY19.
"Despite the tougher trading conditions at the end of the year, the strength of the group’s balance sheet ensures we are well placed to deliver further strategic progress in FY23, and the board will continue to appraise opportunities for growth."
