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TUI Profits Down – But Europe’s Biggest Tour Company’s Spirit is UP

Europe’s leading tour operation, TUI Travel, has just announced their first half of 2013 sales figures. According to TUI losses of some £346 million were actually less than some expected. The company pointed to strong markets in the UK and in Scandinavian countries as having relieved a unprofitable Winter.

Tui Travel revenues overall fell by 1% to £5.4 billion, according to the report. Tui’s Peter Long talks about TUI Travel’s interim results in the video below. Exclusive holidays and the special distribution network are just two of the leveraged positions for which TUI is particularly well set.

Categories: Travel Technology
Aleksandr Shatskih:
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