TUI expects holiday bookings to rise towards 2019 levels By Reuters

TUI expects holiday bookings to rise towards 2019 levels
© Reuters. Tui app is seen on a smartphone in this illustration taken, February 27, 2022. REUTERS/Dado Ruvic/Illustration

FRANKFURT (Reuters) – TUI, the world’s largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the head of the group’s German business told a newspaper.

“Our customers have some catching up to do,” Stefan Baumert told the Funke group of newspapers.

“We are convinced that we can get close to the level of 2019,” he said, adding he expected travelling to be easier this summer due to fewer restrictions related to the coronavirus pandemic.

TUI last month said summer holiday bookings were approaching pre-COVID levels on pent-up demand, with a steady recovery in Britain since restrictions and testing rules were lifted.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.