Holiday firm Tui has seen a record jump in people booking getaways for summer 2023 as demand for overseas breaks continues to rebound. With holidays majorly affected by the pandemic over the past couple of years, it seems more and more people are desperate to get some summer sun this year, despite the surging costs of holidays.
The travel giant said it nearly halved losses in its first quarter to December 31 to 153 million euros (£134 million) down from losses of 273.6 million (£241.3 million) a year earlier. It carried 3.3 million customers in the quarter, up by one million on a year ago, and said it had seen “significant” bookings with record days for holidays sold online in both the UK and Germany.
Tui said booking numbers in the last four weeks surpassed levels seen before the pandemic struck, up by 5% for winter 2022-23 and 10% ahead for summer 2023, despite higher prices. But the figures come after industry data on Monday showed Tui was overtaken by rival Jet2holidays to become the UK’s largest tour operator for the first time.
