'Strong demand' for holidays helps TUI soar to record revenues

Package holidays making a comeback as TUI reports revenue of £5billion

OLD-STYLE package holidays are bouncing back — as TUI reports a summer stampede to Spain, Greece and Turkey. Europe’s largest travel operator says its revenue has climbed by almost a tenth to £5billion in the last three months as customers choose to go with travel bundles. AlamyPackage holidays are bouncing back — as TUI reports a summer stampede to Spain, Greece and Turkey[/caption] Brits are following the lead of 1980s comedy series Duty Free …

'Strong demand' for holidays helps TUI soar to record revenues

Europe's largest tour operator said bookings for the summer were up 6% despite concerns in the wider travel industry over economic uncertainty, delays in plane deliveries and rising jet fuel prices.

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‘Strong’ summer bookings help Tui post higher revenues

Europe’s largest tour operator posted growth despite a backdrop of economic uncertainty and delays in plane deliveries affecting other travel firms.

TUI reports strong performance due to summer bookings

Europe's largest tour operator TUI beat third-quarter operating profit expectations thanks to strong summer travel demand and a boost from German rival FTI's bankruptcy.

TUI has had a good quarter. The world's largest travel group benefited from the strong demand for holidays, city trips and cruises for the summer months. This led to a turnover of 5.8 billion euros, an increase of almost 10 percent compared to the same period a year earlier. Never before have the revenues in the third quarter of the broken financial year been so high.