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Pin to quick picksOn The Beach Share News (OTB)

Share Price Information for On The Beach (OTB)

London Stock Exchange
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Share Price: 136.60
Bid: 136.20
Ask: 137.80
Change: -6.80 (-4.74%)
Spread: 1.60 (1.175%)
Open: 143.40
High: 145.40
Low: 132.80
Prev. Close: 143.40
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On the Beach, Ryanair sign long-term distribution agreement

Tue, 27th Feb 2024 08:09

(Sharecast News) - On the Beach said on Tuesday that it has signed a long-term distribution agreement with Ryanair, despite the latter having recently branded the online travel agent a "pirate" and accused it of marking up prices.

OTB said the agreement "represents a transformational shift" in its relationship with its most significant low-cost carrier.

"It enables OTB customers to seamlessly access Ryanair's low fare flights as part of their holiday packages with full price transparency, whilst continuing to benefit from OTB's flexible payment plans, customer perks (including free lounge and fast track), and ATOL protection," it said.

The agreement secures OTB free and fair access to Ryanair seat supply, facilitates a smoother customer journey when booking Ryanair flights as part of an OTB package, and simplifies OTB operations.

OTB chief executive Shaun Morton said: "We are excited to have entered into this transformational partnership with Ryanair. This will improve the booking and travel experience for our customers selecting Ryanair flights, while ensuring we can continue to provide customers with best value package holidays.

"We will continue our campaign to safeguard consumer choice in the travel sector and the signing of this agreement marks a significant milestone in On the Beach's journey, as we strive to do the best for our customers. Importantly, this agreement enables both parties to move on from outstanding litigation and we look forward to working closely with our new partner."

Ryanair's director of marketing, communications and digital, Dara Brady, said: "Ryanair is pleased to announce our latest partnership with leading OTA, On the Beach. This new deal will see Ryanair partner with its fourth approved OTA partner.

"On the Beach customers can now book Ryanair flights, seats, and bags as part of their holiday package with the guarantee that they will have full price transparency of Ryanair products (without any overcharges), and that they will receive any information regarding their flight directly from Ryanair as well as having direct access to their booking through their myRyanair account."

More News
19 Apr 2023 09:48

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

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31 Mar 2023 16:39

TRADING UPDATES: FireAngel signs with British Gas; Shanta pours gold

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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31 Mar 2023 09:48

On the Beach names Jon Wormald as CFO

(Sharecast News) - Holiday retailer On the Beach revealed on Friday that Jon Wormald will take over as chief financial officer, succeeding Shaun Morton.

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9 Feb 2023 10:30

SMALL-CAP WINNERS & LOSERS: On the Beach on the up after upgrade

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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9 Feb 2023 09:44

LONDON BROKER RATINGS: HSBC cuts Hiscox; Davy raises On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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6 Feb 2023 09:45

Canaccord Genuity hikes price target for On the Beach

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on online holiday retailer On the Beach from 193.0p to 248.0p on Monday, stating the group's move to premium offerings was starting to "pay off".

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27 Jan 2023 09:51

SMALL-CAP WINNERS & LOSERS: Superdry shares down 16% as lowers outlook

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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27 Jan 2023 08:57

On The Beach pleased as historically quiet period exceeds prior year

(Alliance News) - On The Beach Group PLC on Friday said that it has started its new financial year with a healthier forward order book than the prior year.

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27 Jan 2023 07:33

Bookings jump at On the Beach

(Sharecast News) - Shares in On the Beach Group shone on Friday, after the online holiday retailer reported a strong start to the year.

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20 Jan 2023 15:45

UK shareholder meetings calendar - next 7 days

Monday 23 January 
Midatech Pharma PLCGM re proposed acquisition of Bioasis Technologies Inc
Tuesday 24 January 
C4X Discovery Holdings PLCAGM
Marston's PLCAGM
Smiths News PLCAGM
Wednesday 25 January 
City of London Group PLCGM re proposed share distribution and cancellation
Doric Nimrod Air One LtdEGM re special resolution to disapply the pre-emption rights
Infrastructure India PLCAGM
Lowland Investment Co PLCAGM
Majedie Investments PLCAGM
Majedie Investments PLCGM re appointment of the new investment manager
Thursday 26 January 
Auction Technology Group PLCAGM
Barings Emerging EMEA Opportunities PLCAGM
Britvic PLCAGM
Greencore Group PLCAGM
Henderson European Focus Trust PLCAGM
Friday 27 January 
Avon Protection PLCAGM
Henderson Far East Income LtdAGM
Ixico PLCAGM
NB Global Monthly Income Fund LtdEGM re proposed managed wind-down
On The Beach Group PLCAGM
Pathfinder Minerals PLCGM re capital raise
Serica Energy PLCGM re consideration shares approval
Treatt PLCAGM
  
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28 Dec 2022 16:57

LONDON MARKET CLOSE: Catch-up playing FTSE up amid jitters elsewhere

(Alliance News) - London's FTSE 100 outperformed global peers on Wednesday as equity market trading resumed after the Christmas break.

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23 Dec 2022 21:32

DIRECTOR DEALINGS: On The Beach CFO, CEO buy; Softcat CEO sells

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and Friday and not separately reported by Alliance News:

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22 Dec 2022 15:29

DIRECTOR DEALINGS: Future chiefs sell; outgoing On The Beach CEO buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and last week and not separately reported by Alliance News:

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8 Dec 2022 17:02

LONDON MARKET CLOSE: FTSE 100 lower as eyes turn to central banks

(Alliance News) - Stock prices in London closed lower on Thursday, with markets in wait-and-see mode as investor focus became increasingly fixed on next week's central bank meetings.

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8 Dec 2022 11:48

On The Beach profit surges, swinging from loss; CEO to step down

(Alliance News) - On The Beach Group PLC on Thursday reported that pretax loss had swung to a profit as it announced that Chief Executive Officer Simon Cooper is set to be replaced by Chief Financial Officer Shaun Morton.

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