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Evening Standard
Evening Standard
Business
Anna Wise

Tui says summer bookings down as Iran war and Jamaica hurricanes hurt profits

Holiday giant Tui has hailed the highest annual earnings in its history, but forecast more modest sales growth in the year ahead as it flagged a challenging trading backdrop (Alamy/PA) -

Tui has revealed a 10% drop in UK summer bookings as consumers hesitate to make bookings and switch destinations, while the holiday firm took a 61 million euro (£39 million) hit from the Iran war and hurricanes in Jamaica.

Europe’s largest travel operator is one of several firms to be impacted by the conflict in the Middle East, which began at the end of February.

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