On The Beach Share Discussion Threads

[highlands] 28/6/2024 10:02

I spent around 15k on a 3 week family holiday last year and will be spending around the same for a 3 week family holiday this year, and both cases I planned and booked everything myself (well in advance) getting maximum value for my money and the itinerary I want.A lot of my friends have been doing the same.

[zam1] 20/6/2024 12:20

Expect OTB to do well during the summer months.

[alotto] 19/6/2024 09:03

OTB has been one of those dogs with supposedly huge potential for recovery which never materialised.

[ianio5691] 19/6/2024 08:44

Think we will see a decent recovery as the holiday season starts with a vengeance - all the money held in escrow for pre-paid holidays will now systematically convert to cash in the bank as those holidays are undertaken.
I can foresee a huge last minute demand for holidays abroad as this summer, as the weather at home looks to be one of the worst wash outs on record.

[halfpenny] 19/6/2024 07:51

Margins Increase and costs are kept low and with AI there will be a great future ahead as Demand and Sales Increase beyond expectations.

Future getting brighter as Summer starts and their Products and Services cover all Seasons.

[simmsc] 17/6/2024 20:42

Do OTB not have a relatively low overheads cost?

[paleje] 17/6/2024 16:30

Recruitment for the UK summer holiday season sharply down on last year, being attributed to the new min wage but that wouldn't account for it all, I used to work in the sector and if you've got the bookings you get the staff and if it means paying so be it. I think the number of Brits seeking overseas decent weather and value is at least as much to blame and that means extra business for us.


.com/business-money/economics/article/summer-job-cuts-as-minimum-wage-bites-5qhgg8j38

Summer job cuts as minimum wage bites
Hiring for seasonal summer jobs has fallen sharply as employers grapple with rising wage costs
Mehreen Khan, Economics Editor
Monday June 17 2024, 12.01am, The Times
Economics
Job postings in the hotel and accommodation sector were down by 45 per cent in April and May, compared with the same period last year

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The rise in the minimum wage is piling pressure on employers, who are cutting back on hiring this summer amid broader fears of labour shortages in key sectors of the economy, according to new figures.

Data from the Recruitment and Employment Confederation, an industry body, shows job postings for temporary summer jobs have fallen sharply in the hotel, restaurant, tourism and construction sectors in April and May, compared with the same months last year after a climb in the minimum wage.
Summer job cuts as minimum wage bites
Hiring for seasonal summer jobs has fallen sharply as employers grapple with rising wage costs
Mehreen Khan, Economics Editor
Monday June 17 2024, 12.01am, The Times
Economics
Job postings in the hotel and accommodation sector were down by 45 per cent in April and May, compared with the same period last year
Job postings in the hotel and accommodation sector were down by 45 per cent in April and May, compared with the same period last year
GETTY IMAGES,
Share
Save
The rise in the minimum wage is piling pressure on employers, who are cutting back on hiring this summer amid broader fears of labour shortages in key sectors of the economy, according to new figures.

[johndoe23] 12/6/2024 15:22

Good news regarding inflation

[gripfit] 11/6/2024 16:20

Mkt in turmoil today .. but OTB is shining 🌞🌞

[death by donut] 10/6/2024 08:32

Not me , I'm down in the caravan enjoying the pasties.DbD :-)

[oakville] 10/6/2024 07:19

June 2024 now predicted to be complete washout. Will the UK holiday makers give up on the seaside?

[oakville] 06/6/2024 08:08

This could be a decent recovery play.

[simmsc] 06/6/2024 06:46

I'm regularly in Asia (once every 2 months) and often stay in the same Marriott, and usually at least once meet up with the MD who runs this Marriott and have a chat with him. At some point we got on to the topic of investments and i mentioned that i had a holding in OTB (and mentioned to him that they are now also focusing on the premium end of the market). He then winced at me and said he is still seeing a lot of weakness from the "European" consumer (he didn't mention the UK specifically to be clear) and that the third largest German agent had just gone bust (and that quite a few agents owe them large amounts of money and some difficult conversations are currently taking place with those agents) and he then concluded that he in general still had concerns about the premium end of the holiday market.


Just sharing as this is first hand info (directly from the horses mouth), but of course it is just one persons opinion (and no reference was made to the UK travel sector).

[zam1] 05/6/2024 21:10

Strange up it went 47 and then back to where it started.I think this will break upwards this summer.

[ianio5691] 03/6/2024 14:22

Feels like this is about to recover nicely.

[adamb1978] 31/5/2024 08:35

haha, good spot Dodger!

Anyway, I've added a few more here at 141p this week. I have relatively strict position size limits but the recent pull back gave a gap for me to add some more.

[dodger777] 30/5/2024 08:32

Halfpenny, have to laugh at how you edited your posts because you were caught out posting negative here while on the morning posting the opposite on the easyJet website. Your lies easily get caught out with anyone with half a brain.🤡

[halfpenny] 30/5/2024 07:51

Value for money is high on the list with there service levels better than competitors.

Demand is increasing as the good news spreads . Many Experience and friends have been fantastic with further bookings as demand increases.

Future Brighter as Service and Demand Increases

[weaverbeever] 29/5/2024 19:04

OTB on one show tonight. Getting a kicking for bad service.

[halfpenny] 29/5/2024 16:16

Its all about buying low EZJ at good value with OTB recent Rally makes it Interesting ...

Recent move on Broker BUY with Target 180p.

Expect a rally as numbers back the Target Price.

Could All turn about with Holiday news as people get away from Election Noise!!!

[zam1] 29/5/2024 15:23

Unlikely to test 126It has found support around 138More likely to go up from here I think

[adamb1978] 29/5/2024 15:23

Thats quite funny Dodger - good find!!!

[dodger777] 29/5/2024 15:06

On the easyJet board just this morning you said.. ‘ Adding more as Holidays are Booming’ and now you are say this lol 🙄

[halfpenny] 29/5/2024 15:05

Testing lows gives a chance to add more.

So How Low is the Low to be tested??