TUI Focus in Winter on Long-Distance Travel

Despite geopolitical uncertainties, the desire to travel remains unbroken, explained Benjamin Jacobi, the head of TUI Germany. Interest in destinations in Asia is particularly strong.

TUI plans new direct flights to Asia in winter

Thailand is currently among the most sought-after destinations. TUI is planning new direct flights to Bangkok and Phuket, as well as additional hotels. There will also be tours in Japan, new accommodations in Malaysia, and the first TUI Blue hotel in Bali. At the same time, classic holiday destinations like Spain, Egypt, Turkey, and Portugal remain popular across all target groups. According to the company, prices are largely stable - for some long-distance destinations like Australia, Mauritius, or the Maldives, they are even slightly declining.

When TUI presented the figures for its first half of the fiscal year in May, the group reaffirmed its forecast for the current year. Accordingly, revenue is expected to increase by five to ten percent, adjusted for currency effects, and the operating result (adjusted EBIT) by seven to ten percent. CEO Sebastian Ebel cited higher average prices with stable demand as the main driver. Between October and March, revenue rose to around 8.6 billion euros. The seasonal operating loss last winter decreased by 15 percent to 156 million euros. Hotels and cruises developed particularly positively. Debt was also further reduced.

(APA/Red)

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