TUI Reports Record Revenues Driven by Strong Summer Demand

Europe's largest tour operator sees significant growth across all divisions despite industry challenges.

Revenues for the quarter reached €5.8 billion, a 9% increase from the previous year.
Bookings for summer travel were up 6%, with prices rising by 3%.
The company's cruise business saw profits climb by 42%, with occupancy rates at 98%.
TUI benefited from the collapse of German competitor FTI and maintained its financial guidance for the year.
The company is optimistic about the upcoming winter season, with 32% of UK offerings already sold.