Tui hails surge in summer bookings but holiday firm's growth held back by wildfires

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Tui said the bounceback in demand for travel has helped summer bookings soar close to levels seen before the pandemic, but revealed growth was held back by disruption from devastating wildfires in Rhodes.

confirmed it was on track to deliver full-year underlying earnings “significantly” higher in the fourth quarter and full year to September 30, despite the impact.

Tui chief executive Sebastian Ebel said: “We are seeing a strong close to the summer season and we are on course to achieve results in line with expectations. “This is particularly evident in our main markets – Germany, where bookings year-on-year are 10 per cent higher, and UK, where bookings are in line with an already strong prior year summer season and 4 per cent ahead of pre-pandemic levels.

“Indeed, had it not been for the various events during the last few months which were outside of our control, not least the wildfires on Rhodes, we would have performed ahead of expectations.”

 

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