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Tui Travel takes swipe at Cook in positive trading update

Operators
TTG Staff
10 October 2014
Thomson - storefront

Tui Travel has taken a swipe at Thomas Cook, accusing its rival of resting on its laurels, after reporting a bumper end to summer season in one of its largest source markets.

The tour operator posted its pre-close trading update last week, revealing a strong performance in both the UK and Germany.

In the UK, Tui Travel said 98% of its programme had been sold for summer 2014. This compared favourably with Germany - where 97% was sold, but its overall mainstream bookings for the latter were up 9%, with higher margins.