Online Travel Agency On the Beach Sees a Blessing and Curse From Thomas Cook’s Demise

An aerial photograph of Nissi beach Agia Napa, Cyprus. On the Beach has taken a financial hit from the Collapse of Thomas Cook. dronepicr / Flickr Skift Take: On the Beach’s purchase of Classic Collection Holidays now looks like a strategic masterstroke in light of the collapse of Thomas Cook. Brick-and-mortar travel agents in the … [Read more…]

In Latest Brexit Woe, UK’s On the Beach Travel Sales Plunge

Some banknotes from the United Kingdom. On the Beach Group shares plunged after the UK-based online seller of package vacations warned full-year profit will miss expectations because of the weakening pound. Bloomberg Skift Take: A drop in the value of the British pound relative to the euro and the dollar is pressuring On the Beach. … [Read more…]