On The Beach Group (OTB): Middle East conflict demand slowdown
This situation live
OTB On The Beach Group
12 Mar 2026 · FY26 guidance suspended; impact unquantified · −17% until the next step
it has experienced a significant slowdown in demand following the onset of conflict in the region
12 May 2026 · Guidance reinstated lower; demand stabilised, still subdued · +26% until the next step
Although demand remains more subdued as a result of the conflict in the Middle East, booking activity has stabilised to a more consistent trading pattern since the half year.
24 Sep 2026 · demand recovered; conflict still a watch item · −5% since
This would represent growth of c.25-55% versus FY26, and reflects the trading momentum outlined above, while remaining mindful of the ongoing conflict in the Middle East and the broader UK consumer ba
Middle East conflict demand slowdown
demand recovered; conflict still a watch item
DEC1
Next: FY26 full-year results in 38 days
Every step · 3
- 12 Mar 2026 FY26 guidance suspended; impact unquantified – it has experienced a significant slowdown in demand following the onset of conflict in the region ↗
- 12 May 2026 Guidance reinstated lower; demand stabilised, still subdued – Although demand remains more subdued as a result of the conflict in the Middle East, booking activity has stabilised to a more consistent trading pattern... ↗
- 24 Sep 2026 demand recovered; conflict still a watch item – This would represent growth of c.25-55% versus FY26, and reflects the trading momentum outlined above, while remaining mindful of the ongoing conflict in... ↗
What is happening
On The Beach Group: Middle East conflict demand slowdown – demand recovered; conflict still a watch item. ['demand recovered; conflict still a watch item']
- Announced
- 12 Mar 2026 · FY26 guidance suspended; impact unquantified
- Latest
- 24 Sep 2026 · demand recovered; conflict still a watch item
- What it changes
- FY26 profit lands in the top half of the cut guidance and FY27 guidance of £28-35m shows a recovery from FY26, but it remains below the earlier FY26 guidance of £39-43m.
What comes next
FY26 full-year results (1 Dec 2026).
Briefing
On The Beach Group in 4 minutes
On the Beach is an online seller of package holidays that owns no planes or hotels, and it has spent three years building a bigger, more automated business. It reached record bookings and £1.2bn of holiday sales...
- Act 1Post-pandemic recovery and the Ryanair deal
- Act 2Cities, Ireland and a £85m profit ambition
- Act 3The Middle East conflict hits summer bookings
From the company's own announcements. Not investment advice.
Also at On The Beach Group 1 open
Insider conviction1 director buying – £872k in 1 buy
Insider conviction3 directors buying – £69k in 3 buys · closed
Capital returnBuyback programme – proposed · closed
Insider conviction2 directors buying – £42k in 2 buys · closed
Insider conviction4 directors buying – £6,901k in 4 buys · closed
On The Beach Group – company page →