Travel operator TUI's profit jumps but weak bookings drag on shares
Europe's largest travel operator TUI reported a jump in first-quarter profit and maintained its profit outlook for the coming year on Tuesday, but saw its shares sink more than 9% as bookings growth weakened.
TUI Shares Fall on Decline in Booking, Pricing Growth
Despite on-year increases to both bookings and prices, growth slowed compared with what TUI had reported in December for the end of fiscal 2024.
TUI Shares Drop on Signs Summer Booking Momentum is Slowing
TUI AG fell the most in two months after summer bookings slowed in key markets such as Germany and the UK. The world’s biggest tour operator fell as much as 8% in Frankfurt, the most since Dec. 11, after the company said summer bookings from German tourists slowed to 6% above last year’s levels, compared with a 19% gain in December.
TUI reports profit jump in first quarter, confirms guidance
Europe's largest travel operator TUI on Tuesday reported a jump in its first quarter profits bolstered by its packaged holiday business.
Tui shares drop 10% as bookings slow
Tui shares fell more than 10 per cent on Tuesday after the German travel operator reported slower growth in bookings for its key summer season, raising concerns about demand across the European travel industry.
TUI posts quarterly profit jump, confirms annual outlook
Europe's largest travel operator TUI has today reported a jump in its first-quarter profit, driven by strong performance in its packaged holiday business.
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