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Tui Group continues to expect 'strong 2021 holiday season'

Government
Jennifer Morris
12 May 2021

Tui Group continues to anticipate a strong 2021 holiday season, with 70% of respondents to a recent survey stating they want to travel this year.

TUI Advert December 2020

Summer 2021 bookings remain at a “high level” of 2.6 million, with strong demand growth in recent weeks – average prices were up 22%.

The group reported adjusted Ebit (earnings before interest and taxation) of €-1.3 billion in the reporting period (H1 2020 less affected by the pandemic: €-795 million).

The 2.6 million bookings for summer 2021 was 69% lower than at the comparable point in time for summer 2019, however.

Although average prices were 22% higher than for summer 2019 “due to the high proportion of all-inclusive packages in current bookings”.