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Tui predicts 10% growth as it prepares for UK rebrand

Operators
Jennifer Morris
28 September 2017

Tui Group is predicting a 10% growth in profits for the full year, despite the impact of Hurricanes Irma and Maria.

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In a pre-close trading update ahead of its full year results for the 12 months ending September 30, 2017, the group said that trading for future seasons was in line with its expectations.

It said a third of its programme was sold for winter 2017/18 across its source markets.

“We expect some hotel closures as a result of the recent hurricanes to allow for repair work to be carried out, but are overall pleased with demand for our clubs and hotels,” Tui said in a statement.