Day: July 1, 2020

On The Beach hunts for bargains amid travel sector chaos

Two men set up sun umbrellas at the beach in Praia da Luz, in Portugal's Algarve coast - Armando Franca/AP
Two men set up sun umbrellas at the beach in Praia da Luz, in Portugal’s Algarve coast – Armando Franca/AP

The coronavirus crisis has caused demand for travel to nosedive and sent airlines into freefall, but holiday retailer On The Beach is keeping its eyes peeled for deals.

Britain’s biggest online travel agent has built up a £50m war chest in a bid to increase its market share by scooping up struggling rivals struck by the pandemic.

On The Beach has not been shielded from the havoc in the sector, however. On Tuesday it slumped to a £34.1m loss for the six months to April, in contrast to a profit of £11.9m a year earlier. 

Sales plunged by two-thirds during the period to £21.4m, while costs related to Covid-19 and the cancellation of bookings set the business back close to £35m in the period. 

During the crisis, any dealmaking within

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Contract workers for summer festivals look for job options amid COVID

CBS News is chronicling what has changed for the lives of residents across the nation in 2020 amid the coronavirus pandemic.

Spring and summer in San Francisco are typically the busiest seasons of the year for Stephanie Mufson. 

Her small business, Parade Guys works with a group of 30 to 40 contractors to create floats and large displays for many of the parades in Northern California. A team of painters, builders, and sculptors would typically be producing floats for events like the San Francisco Pride parade or Fourth of July celebrations.

Stephanie Mufson's small business, Parade Guys, works with a group of 30 to 40 contractors to create floats and large displays for many of the parades in Northern California.
Stephanie Mufson’s small business, Parade Guys, works with a group of 30 to 40 contractors to create floats and large displays for many of the parades in Northern California.

Since large outdoor festivals are being cancelled and celebrations are moving to virtual formats, independent workers who rely heavily on seasonal events are now searching for new ways to make

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