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Analysts predict Tui profit rise

Business
Jennifer Morris
5 December 2016

Analysts are predicting “better than expected profits” for Tui in its full-year results this week.

Tui headquarters

The operator’s shift towards selling long-haul holidays to counter the collapse in demand for trips to terror-hit Egypt and Turkey has “paid off”, according to the Telegraph.


The firm is expected to top its own annual bookings growth targets of 10% in its full-year results with earnings around 13% higher than last year.


In the wake of the Turkey bombings Tui said its bookings to the terror-hit country dropped 40% - but added that 10% of its market had changed its plans rather than cancelling their holidays altogether.