News  Sources

Tui boosts profits despite pressure from heatwaves

Tui, the Germany-based tour operator, reported higher-than-expected profits for the first half of the year, overcoming challenges posed by European heatwaves and conflict in the Middle East. Despite a two percent decline in summer bookings within its markets and airlines segment, strong performance from cruises and experiences helped drive group revenue up by 7.1 percent to £5.4 billion in the second quarter. The company saw record underlying earnings for the quarter, supported by the launch of new cruise ships and growth in its experiences business. Shares in Tui have risen sharply, and the group has upgraded its annual financial forecasts, citing the success of its growth strategy and a positive start to winter bookings. While airlines and US destinations faced headwinds, hotels, resorts, and cruises remained bright spots, reflecting the benefits of Tui's diversified business model.

Original article source: https://www.dailymail.co.uk/money/markets/article-14995963/Tui-profits-despite-heatwave-pressure-Middle-East-conflict.html
Source Id: 2025-08-803907812

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox