Tui Tells Holidaymakers Not to Expect Last-minute Deals Amid Bookings Surge

U.K.-based travel operator Tui Group released its First Half (H1) 2022 results on 11MAY, revealing that it halved its losses during that time frame, and predicted a “strong travel summer” as consumers continue to drive pent-up demand despite rising costs. Tui said future bookings remained “unabatedly high,” standing at 85 per cent of summer 2019 levels, reports the Guardian. Tui Group CEO Fritz Joussen, said prices of trips were rising, and the company was facing higher fuel costs for its planes and cruise ships, which may continue to remain high. “There will be practically no last-minute offers at low prices this summer,” Joussen said. He also added that travellers were spending more money while on vacation, opting for longer trips and choosing a higher-quality hotel or room. Tui said almost 1.9 million passengers travelled with the company during the past six months, almost 10 times as many as in the same period in 2021.

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