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Birmingham Post
Birmingham Post
Business
Jon Robinson

Cancelled bookings leads to holiday homes giant missing £100m revenue total

Cancelled bookings because of the Covid-19 pandemic led to a holiday homes giant missing out on a revenue of £100m during its latest financial year, it has been revealed.

Newly-filed documents have confirmed that Sykes Holiday Cottages lost £12.4m worth of sales in the year which would have seen it record a revenue of almost £99m.

However, the Chester-headquartered company's total was £86.4m for the 12 months to September 30, 2021, a rise from the £70.1m it posted for the prior year.

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