Tui Group has followed Thomas Cook in confirming price increases for UK customers this summer while citing a group level recovery of Egypt.
Speaking on a conference call after the firm announced its financial results, Fritz Joussen, Tui Group chief executive, said the firm had seen 4% more customers but 8% more revenue for summer as well as winter 2017.
He said that summer bookings from the UK were up 3% on last year and revenues were 12% higher, driven by a combination of higher prices and customers spending more to travel further afar.
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