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Tui eyes 'profitable UK growth' through higher value products

Hotels
Will Payne
10 May 2023

Tui will look to increase its market share in the UK by utilising each of its brands as customers continue to book higher value holidays.

(Credit: Tim Dennert / Unsplash)

Tui has an extra 1.1 million seats to fill for summer 2024 (Image credit: Tim Dennert/Unsplash)

Speaking after the company published its results for the second financial quarter (three months to 31 March 2023), Tui chief executive Sebastian Ebel said the business will offer new product, content, more airline seats and additional hotels to boost its market share.

"By increasing the frequency of the Tui UK market, we get more back from our customers who want to travel for five, 10, 12 days, so it is important the product we bring into the market is profitable," he continued. 

"This is one way we expect to increase our market share in the UK, not by bringing in more competition, but by using product which is already available and adding the Tui benefits to them."