Tui Says Summer Bookings Down as Iran War and Jamaica Hurricanes Hurt Profits
Tui cited 61 million euros in conflict and hurricane hits as it warned that cautious travelers and a competitive market are cutting demand.
8 Articles
8 Articles
Tui says summer bookings down as Iran war and Jamaica hurricanes hurt profits
Europe’s largest travel operator is one of several firms to be impacted by the conflict in the Middle East, which began at the end of February.
Travel company TUI observes that people are waiting longer to book a holiday for this summer due to uncertainty caused by the war in the Middle East. Hotels and resorts are less fully booked than last year. According to TUI, 45 percent of travelers still need to book a holiday for this summer.
Spain and Greece instead of the eastern Mediterranean: The Iran war changes the travel behavior of many holidaymakers. At the travel company Tui the summer trip is booked more quickly.
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