Tui expects leap in profits as winter break bookings rise

Travel group says the Canaries, Egypt, Cape Verde, Thailand and Mexico are popular this seasonBusiness live – latest updatesEurope’s largest travel company expects its annual profits to rise by at least a quarter, helped by people spending more on winter breaks to sunny destinations such as Egypt, Cape Verde, Thailand and Mexico.Tui also said summer sales rose by 6%, helped by late bookings, for which Spain, Greece and Turkey were the most sought-after destinations. Tui has taken a further 1.4m bookings since its August update, to 14.7m for the summer. It sold nearly all of its holidays, and was slightly ahead of last year. Continue reading...

Tui expects leap in profits as winter break bookings rise

Travel group says the Canaries, Egypt, Cape Verde, Thailand and Mexico are popular this season

Europe’s largest travel company expects its annual profits to rise by at least a quarter, helped by people spending more on winter breaks to sunny destinations such as Egypt, Cape Verde, Thailand and Mexico.

Tui also said summer sales rose by 6%, helped by late bookings, for which Spain, Greece and Turkey were the most sought-after destinations. Tui has taken a further 1.4m bookings since its August update, to 14.7m for the summer. It sold nearly all of its holidays, and was slightly ahead of last year.

Continue reading...