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Tour operator TUI beats quarterly forecasts, ups outlook

Europe's largest tour operator TUI has today beaten quarterly earnings and revenue forecasts as summer travel proved more resilient and investments and bookings ahead of the winter season allowed it to raise its full-year outlook.

Business • 13 Aug

TUI raises profit guidance on record hotel, cruise demand

European travel group TUI raised its annual earnings guidance today, based on strong results for the first nine months of its financial year and positive signs for July.

Business • 12 Aug

Group of TUI members at MTU to take industrial action

A group of senior lecturers at Munster Technological University, who are members of the Teachers' Union of Ireland, are due to begin industrial action in a dispute over new duties and titles.

Business • 08 Jul

TUI has reported an underlying loss before interest and taxes of €206.8m in the first quarter, wider than the €188.7m loss it reported a year ago

TUI posts slowdown in its summer bookings

Europe's largest travel operator TUI has today flagged a 1% drop in summer bookings, which knocked its shares down nearly 7% in early trading.

Business • 14 May

TUI, Europe's largest tour operator, has grown beyond its home turf in recent years with packages to more far-flung locations like Zanizibar

TUI wants to attract Chinese, US holidaymakers

TUI wants to attract holidaymakers from China and the US to its new hotels in Asia and is offering cheaper destinations in eastern Europe as budget-conscious Europeans spend less and book shorter vacations, its top executive said.

Business • 25 Feb

Tavel companies such as TUI are benefitting from the resurgence of packaged holidays

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.

Business • 11 Feb

The London Stock Exchange saw 88 companies delist or transfer their primary listing from the main market last year - the most since 2009

2024 sees big exodus from London Stock Exchange

Last year was one of the quietest on record for the London Stock Exchange, which saw the largest outflow of companies since the global financial crisis, stark new analysis shows.

Business • 06 Jan

TUI said its underlying earnings before interest and tax (EBIT) in its financial year ending September rose by 33% to €1.3 billion from €0.9 billion last year

TUI sees uptick in package holidays after strong year

Europe's largest tour operator TUI has today reported a boost in profit in the 2024 financial year and projected further growth into 2025 as it bolsters its holiday business to meet rising demand.

Business • 11 Dec 24

TUI said the start of the winter season was looking promising with bookings rising by 7%

TUI confirms guidance after strong summer season

Europe's biggest tour operator TUI has today confirmed its annual guidance and mid-term targets after a strong summer season.

Business • 24 Sep 24

TUI shares were up 4.3% in early Frankfurt trading soon after the results were published.

TUI reports strong performance due to summer bookings

Europe's largest tour operator TUI beat third-quarter operating profit expectations thanks to strong summer travel demand and a boost from German rival FTI's bankruptcy.

Business • 14 Aug 24

TUI has today confirmed its 2024 forecast of 10% revenue growth and a 25% increase in operating profit

TUI hopeful for summer despite higher prices

Europe's largest tour operator TUI has today forecast strong summer season demand, despite higher prices, after reporting stronger-than-forecast results in the typically less busy winter period.

Business • 15 May 24

Sebastian Ebel (C), CEO of TUI, rings the bell to start TUI's trading at the Deutsche Boerse stock exchange in Frankfurt, with Nicola Gehrt (L), TUI's Group Director Investor Relations and TUI CFO Mathias Kiep

TUI shares rise on return to Frankfurt stock exchange

TUI's shares rose today as the German travel group marked its return to the Frankfurt Stock Exchange after 10 years with a primary listing.

Business • 08 Apr 24

TUI reports stronger than expected first quarter results

Europe's largest travel operator TUI hs today reported far better-than-expected first quarter results as it swung to a profit on the back of robust travel demand, sending its shares 7.4% higher in early trading in Frankfurt.

Business • 13 Feb 24

92% of members polled voted to take industrial action, "up to and including strike action".

Third level teachers vote for industrial action

Third level teachers who are members of the Teachers' Union of Ireland (TUI) have voted in favour of industrial action.

Business • 25 Jan 24

Holiday group TUI is forecasting a 25% jump in profits for next year

Holiday group TUI sees more growth after profit doubles

Europe's biggest travel operator TUI has today forecast that its operating profit would jump 25% in 2024 after it more than doubled this year on strong demand for holidays, cruises and hotel stays, lifting its shares 8%.

Business • 06 Dec 23

TUI said that summer bookings for 2023 were at 13.7 million, up 5% over the previous summer season

TUI confirms 2023 outlook on back of strong bookings

Tour group TUI has today confirmed its full-year outlook for the 2023 financial year, citing strong bookings in the summer and upcoming winter season despite extreme weather from flooding to heatwaves disrupting flights and holidays.

Business • 19 Sep 23

TUI last month had flagged expectations of strong revenues

TUI expects strong summer, bookings exceed pre-pandemic

German tourist operator TUI is expecting a strong summer of business with bookings higher for the first time since before the global pandemic struck in 2020, it said in a statement today.

Business • 14 Jun 23

Germany-based TUI operates holidays, hotels, cruise ships and an airline

TUI expects higher annual profit on strong bookings

Travel firm TUI said it expects strong revenue and higher profit for the full year of 2023 on the back of strong booking momentum for the busy summer travel season.

Business • 10 May 23

Teacher-based assessment at Leaving Certificate remains a "fundamental' red line issue for the TUI

Plan for teachers to mark own pupils exams remains

Minister for Education Norma Foley has refused to rule out proposals to get teachers to mark their own students' Leaving Certificate exam papers.

Ireland • 12 Apr 23

TUI received state aid of €4.3 billion during the coronavirus crisis and still has to repay €2.6 billion

TUI to raise €1.8 billion to repay state aid

TUI will launch a capital increase with the aim of repaying Covid-19 pandemic aid it received from the German government, the German tourism group said today.

Business • 24 Mar 23

The group said its first-quarter revenue reached 3.8 billion euros on promising winter and summer bookings

TUI sees strong summer bookings amid travel recovery

Holiday group TUI has said it is seeing a positive travel recovery trend for the upcoming summer season as holidaymakers make plans to enjoy their breaks following a pandemic hiatus.

Business • 14 Feb 23

One in four travellers were choosing accommodation with villas or suites with a private pool, TUI said toay

Luxury holiday demand boosts sales at TUI

Travel giant TUI has today reported a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than they had been in the corresponding 2018/19 period, before the Covid-19 pandemic hit international travel.

Business • 20 Jan 23

TUI posted underlying earnings of €409m for the 12 months to the end of September, compared to a €2 billion loss the previous year

TUI swings to a profit on travel recovery

TUI, the world's largest holiday company, said it planned to repay Covid-19 support through a capital raise next year after a strong summer helped it swing back into profit and it forecast a "solid" 2023.

Business • 14 Dec 22

AerCap has a long history of working with TUI

AerCap signs lease agreements with TUI for 3 aircraft

Aviation lessor, AerCap has announced it has signed lease agreements with TUI Group for the lease of three Embraer E195-E2 aircraft which are scheduled to begin delivery from March through to May next year.

Business • 20 Oct 22

TUI said it expected the trend of late or last-minute bookings to continue for the winter holidays

TUI says winter bookings at 78% of pre-pandemic levels

Holiday group TUI has today stuck to its forecast of returning to profitability this year and said winter bookings stood at 78% of pre-pandemic levels.

Business • 20 Sep 22