The UK’s largest holiday company, Tuisays sales for the summer season are now 85 percent of the summer level of 2019 – and that over the past six weeks bookings have been even higher than last year before the pandemic year.

The UK, Germany and the Netherlands are showing “high dynamics”.

The giant pan-European travel firm has unveiled figures along with its results for the second quarter of the fiscal year from January to March.

In three months, the company deported 1.9 million people – almost 10 times more than in the same period of 2021.

Ordinary seasonal losses have almost halved. The total occupancy rate – the share of occupied seats – was 84 percent.

CEO Fritz Yousen said: “The high demand for travel and very good business performance confirm our forecasts: 2022 will be a good financial year.

“After two years of crisis, we expect Tui to be profitable again in the current fiscal year.

“It’s the basis for new growth.”

The company’s capacity has almost returned to the level of 2019, and its net debt fell to 3.9 billion euros (3.3 billion pounds).

“After a short-term damper due Amicron option, bookings are greatly increased, ”the company said in a statement.

“In terms of overall booking developments for summer 2022, Tui UK continues to lead, currently showing growth of 11 per cent compared to summer 2019.

“Vacationers continue to book more in the short term and at the same time spend more money on their trip.”

Average selling prices at the peak of the season are 20 percent higher than in 2019, due to the “high share of booked package tours”, as well as long stays and high-end housing.

As for cruises, Tui is looking forward to recovering from July.

https://www.independent.co.uk/travel/news-and-advice/tui-holiday-bookings-summer-2022-b2076274.html

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