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TUI Group pre-close trading update statement: UK market highlights

The growth in bookings has been driven by expansion in long-haul with bookings up 12% and strong demand in particular for Mexico, Dominican Republic and Jamaica. Short and medium-haul bookings are up 1% on last year with the Canaries, Spanish Mainland and Cape Verde performing well.

LONDON – Prior to entering a closed period ahead of reporting its Interim Results for the six months ending 31 March 2016 on 11 May 2016, TUI Group announces the following update on current trading.

Highlights

  • TUI UK and Ireland continues to demonstrate a strong bookings performance, up 9% on prior year, with revenue up 8%.
  • For winter 2015/6, bookings are up 2% and average selling prices are up 1%. To date, 93% of the winter programme has been sold, 1% point ahead of prior year.
  • The growth in bookings has been driven by expansion in long-haul with bookings up 12% and strong demand in particular for Mexico, Dominican Republic and Jamaica.
  • Short and medium-haul bookings are up 1% on last year with the Canaries, Spanish Mainland and Cape Verde performing well.

Nick Longman, Managing Director, TUI UK & Ireland, the company behind leading holiday brands Thomson and First Choice, said, “We’re pleased with the strong trading performance for TUI UK & Ireland as part of the integrated global tourism Group.

Customers are enjoying our expanding long haul programme, and we continue to add new destinations such as direct flights to Cuba this summer and Sri Lanka launching in November 2016.

“Against a backdrop of concentrated demand in short and mid haul, early bookings have proved popular with holidaymakers to destinations such as the Balearics, Canaries, and Cape Verde.

“With the launch of our new summer 2017 programme next month, we’ll continue to build on this solid performance, and to offer the best destinations and holiday experiences for our customers.”

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