Tui flags strongest bookings in six years

Picture: Getty
Picture: Getty
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Thomson owner Tui Travel is enjoying its strongest summer booking season in six years, with demand boosted by sun-seekers.

The group, formed in 2007 through the merger of First Choice Holidays and the Thomson unit of German giant Tui, has already sold 58 per cent of its overall mainstream summer programme.

Chief executive Peter Long said: “This is the strongest sales position we’ve had since the merger.”

Long also highlighted solid demand from Nordic holidaymakers.

A wintry start to the year and the tough economic backdrop across much of Europe has underpinned demand for the firm’s fixed-price package holidays. It has also seen steady bookings for its tailored breaks that allow holidaymakers to pick options like adult-only hotels.

Panmure Gordon analysts now expect Tui to report underlying operating profits of £544 million for the year to 30 September, up 2.1 per cent from its previous forecast.