TUI recorded 1.3 million bookings in the past four weeks
Holiday group TUI TUIGn.DE recorded 1.3 million bookings in the past four weeks, chief executive Fritz Joussen told staff in a letter seen by Reuters on Sunday, pointing to a sustained recovery from the pandemic.
The world’s largest holiday company had in March reported 8.9 million bookings for the period stretching from winter to summer this year TUIT.L, as the number of holidaymakers rose toward pre-pandemic levels.
“Two trends are obvious: bookings are becoming considerably more premium and they are being made at a considerably shorter notice,” Joussen wrote to staff. “This is good for turnover, margins and profitability.”
TUI said earlier this year that 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.
Latest update from our TUI Group CEO Fritz Joussen:
📈 Another 1.3 million customers in four weeks
📈 Bookings for summer 22 strong at 80% of pre-crisis levels
📈 Positive trend in liquidity continuesStay tuned our upcoming H1 #TUIresults on Wed, May 11. pic.twitter.com/Aj7nqThJ6S
— TUI Group (@TUIGroup) May 2, 2022
Source: www.nasdaq.com