TUI holds guidance as winter bookings hit 78% of pre-pandemic levels

Holiday giant TUI said winter bookings were at 78% of pre-Covid pandemic levels, adding that it still expected to swing to a profit this year.

The tour operator said bookings for November and December were at 81% of pre-pandemic levels with a continuing trend “towards a higher share of short-term bookings for Winter and strong pricing, confirming solid customer demand for holiday travel”.

"The Canaries, Mexico, Egypt and Cape Verde are likely to form a key part of our holiday offer this upcoming winter," the company said on Tuesday.

TUI said flight disruption costs remained at elevated levels but improved through the fourth quarter.

Reporting by Frank Prenesti at Sharecast.com