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TUI expects holiday bookings to rise towards 2019 levels

Stock Markets Mar 06, 2022 06:50AM ET
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© Reuters. Tui app is seen on a smartphone in this illustration taken, February 27, 2022. REUTERS/Dado Ruvic/Illustration

FRANKFURT (Reuters) - TUI, the world's largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the head of the group's German business told a newspaper.

"Our customers have some catching up to do," Stefan Baumert told the Funke group of newspapers.

"We are convinced that we can get close to the level of 2019," he said, adding he expected travelling to be easier this summer due to fewer restrictions related to the coronavirus pandemic.

TUI last month said summer holiday bookings were approaching pre-COVID levels on pent-up demand, with a steady recovery in Britain since restrictions and testing rules were lifted.

TUI expects holiday bookings to rise towards 2019 levels
 

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Comments (1)
Shep De
Shep De Mar 06, 2022 10:58AM ET
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And with $6 gas, sigh, but, yep, 100%, our USA ultra-rich, job-working consumer has the cash tui do it.
 
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