February 28, 2020 / 2:32 PM / a month ago

On The Beach warns of weak annual results as coronavirus hits global travel

Feb 28 (Reuters) - Holiday package provider On The Beach Group said on Friday it expects full-year results to be below market expectations, as the coronavirus outbreak disrupts global travel.

The company said demand considerably fell after the number of infections in Europe rose and the coronavirus spread to Tenerife in Spain’s Canary Islands. (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Arun Koyyur)

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