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TUI posts slowdown in its summer bookings

  • TUI, Europe's largest travel operator led by CEO Sebastian Ebel, reported a 1% drop in summer bookings as of mid-2025.
  • The decline partly results from Easter falling later in April, which deferred consumers' summer holiday bookings and affected first-quarter results.
  • TUI recorded widening losses of 217 million euros for six months ending March, despite revenue rising 8% to 8.6 billion euros, helped by cruise expansion and new ship launches.
  • Ebel indicated that 2025 is expected to be difficult and highlighted the company's priority on safeguarding profitability and lowering expenses amid economic challenges, while also noting that booking activity has strengthened since May 1.
  • Shares fell nearly 7% on the news, with weak demand notably in Germany, suggesting continued economic and market challenges for TUI’s outlook.
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RTÉ broke the news in Ireland on Wednesday, May 14, 2025.
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