US Edition'Strong demand' for holidays helps TUI soar to record revenues
- TUI, Europe's largest tour operator, reported record revenues of €5.8bn for the last quarter, reflecting strong demand for holidays.
- Bookings for summer 2024 have increased by 6%, with prices up 3% amidst ongoing economic concerns.
- TUI noted a promising start to winter bookings, with 32% of offerings already sold in the UK.
6 Articles
6 Articles
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 …
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.
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