Manchester-based OTA On The Beach has signed an agreement for a new digital headquarters in the centre of the city.
The leading UK online agent is located on the outskirts of Manchester and has previously indicated it was looking for more central offices to attract and retain talent.
Announcing that it has signed a lease on the new property in its six month trading update, OTB’s chief executive Simon Cooper said:
“To support our continued desire to attract and retain the best digital talent, we have signed a lease on a new digital HQ in Manchester which has the capacity to support our growth ambitions.
“Fit out work will begin shortly and we are scheduled to occupy this exciting new space by the end of 2018.”
The trading announcement added: “We have continued to invest in our people and our platform which allows us to innovate at an increasing pace and, in doing so, stay ahead of the competition.”
On The Beach now contracts 68% of its hotel stock through direct contracts and said further progress on access to exclusive hotel supply will continue throughout 2018.
And following the purchase of rival online agent Sunshine.co.uk in May 2017 it said it was supporting volume growth with key hotel partners.
“Following the integration of Sunshine.co.uk onto the OTB platform we have driven strong revenue growth through H1.
“We have continued to invest the majority of this incremental revenue to drive traffic growth and to offset Sunshine’s historic underachievement in paid search marketing.”