{"id":5414,"date":"2018-12-13T08:27:53","date_gmt":"2018-12-13T08:27:53","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/cruise-and-hotel-bookings-boost-tui-profits-for-third-year\/"},"modified":"2018-12-13T08:27:53","modified_gmt":"2018-12-13T08:27:53","slug":"cruise-and-hotel-bookings-boost-tui-profits-for-third-year","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/cruise-and-hotel-bookings-boost-tui-profits-for-third-year\/","title":{"rendered":"Cruise and hotel bookings boost Tui profits for third year"},"content":{"rendered":"\n
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\"TuiImage copyright<\/span>
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A rise in hotel and cruise bookings has helped European travel group Tui sail through another year with more than 10% growth in profits. <\/p>\n

It said next year profits would grow a similar amount as customers also bought more excursions and holiday activities.<\/p>\n

Tui has seen double digit growth for the last three years. <\/p>\n

Last month smaller, UK rival Thomas Cook reported a loss of almost 20%, blaming warmer summer weather for depressing bookings.<\/p>\n

“Our own holiday experiences content account for more than 70% of our earnings: hotels, cruises, excursions and destination activities. This enables us to clearly differentiate ourselves from the competition,” said Fritz Joussen, Tui’s chief executive.<\/p>\n

Tui Group posted a 10.9% rise in annual earnings, just ahead of analysts’ forecasts.<\/p>\n

Tui said the “challenging market” including uncertainty from Brexit and tough competition between airlines, had squeezed consumer spending. Earnings were nearly 15% lower for the group’s tour operator and airline business.<\/p>\n

But there was strong growth in demand for cruises, hotels and holiday “experiences” which account for 70% of Tui’s earnings. <\/p>\n<\/p><\/div>\n


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Source<\/a> by [author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Image copyright TUI A rise in hotel and cruise bookings has helped European travel group Tui sail through another year with more than 10% growth in profits. It said next year profits would grow a similar amount as customers also bought more excursions and holiday activities. Tui has seen double digit growth for the last … <\/p>\n","protected":false},"author":0,"featured_media":5415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=5414"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/5415"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=5414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=5414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=5414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}