Butlin’s: Price changes fail to stop holiday resort chain entering the red Business Holiday resort chain Butlin’s entered the red in the year after it was sold for £300m despite changing its pricing strategy, it has been revealed. The company has posted a pre-tax loss of £24.4m for 2023, according to newly-filed accounts with Companies House. The loss comes after the business, which runs sites in Bognor Regis, [...]
Booking.com: Wages and bonuses surge as UK sales jump Business Wages and bonuses surged at the UK arm of Booking.com as its turnover jumped by £50m during its latest financial year. The division’s wage bill jumped from £20.7m to £32.2m in 2023 because of a surge in salaries and bonuses handed out to top staff. The increase comes as its headcount grew to almost 300 [...]
Secret Escapes: Post-pandemic demand helps significantly cut loss hospitality A surge in post-pandemic demand helped sales at jump by more than £60m at Secret Escapes in a move that helped to significantly cut its pre-tax loss. The London-headquartered group has reported a revenue of £170m for 2023, up from the £108m it posted for 2022. Newly-filed accounts with Companies House have also revealed that [...]
9 of the best September holidays to book now in Spain, Greece and more to keep summer alive August 27, 2024 Don’t believe those who would tell you summer is almost over: book one of these September holidays to keep the summer spirit alive Ignore chat about summer being over – it’s wrong. The summer season officially lasts until 20 September, and plenty of the season’s biggest events are yet to happen. Travel network Virtuoso data [...]
Please stop saying the UK summer is over. It makes no sense August 19, 2024 On 12 August, when the UK summer was giving us a balmy 22 degree day, Barack Obama said that summer was “winding down.” It’s been a common pronouncement on social media throughout August that inevitably makes you feel melancholic. But more importantly, it’s also wrong. The UK Summer isn’t over, it’s defiantly striding on. Here’s [...]
Bowling and gyms the surprise winner as Brits look for affordable fun in sporting summer August 14, 2024 The cost-of-living crisis may have started to tail off slightly, but it hasn’t gone away completely, as Brits chose affordable attractions during the summer. Amusement parks, aquariums and gyms topped the list of activities as school break got into full swing during a bumper summer for sport, according to data from Revolut, which tracked the [...]