Tui sees rise in profits as travellers choose holidays to cheaper destinations
The IndependentSign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An unrelenting appetite for travel has increased profits for Europe’s biggest holiday company, Tui. The company says: “Demand remained robust throughout the year in a highly competitive environment, with overall customer numbers up and prices higher.” Tui’s chief executive, Sebastian Ebel, said: “We have delivered what we promised – 2024 was a very good year for us. “In what remains a challenging market environment, the entire Tui team has shown that we have the right strategy, the right business model and the right people, who work for our guests every day with commitment, creativity and passion.” Tui’s cruise operation – branded as Marella for UK holidaymakers – has “very strong occupancy and a strong increase in the daily rate,” Mr Ebel said.
History of this topic
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