Online travel group On The Beach says a surge in demand for five-star and long-haul holiday bookings has help lift its full-year sales by 16% despite a fall in demand for cheaper breaks.
The group said sales were ahead of pre-pandemic levels as people resumed travelling following the removal of global pandemic restrictions. Its sales rose by a quarter in the six months to September 30 compared to the same period last year.
Manchester-based OTB said its value three-star holiday sales took a hit amid growing cost-of-living concerns in recent months.