On The Beach Group PLC - Manchester-based online retailer of beach holidays - Extends off-sale period for holidays from June 30 to August 31, following the announcement earlier on the traffic light systems for leisure travel, where most destinations have been classified Amber.
"Given this, there is too much uncertainty for us to take new bookings with confidence that they will go ahead, or for us to know the potential inconvenience and incremental costs of taking holidays to either current Green or Amber destinations," said Chief Executive Simon Cooper.
"This is a temporary measure that we will review in line with the next government announcement. In the meantime, we will focus our efforts in helping and advising our customers who already have bookings of their options to either still go on their holiday, amend their holiday or, where the holiday is cancelled, refunding them in cash within 14 days," Cooper added.
Current stock price: 432.00 pence, up 4.1%
Year-to-date change: up 16%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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On The Beach (OTB)