Holiday giant TUI has it remains on track to deliver its targeted 2025 growth results, following a strong summer and a positive start to the winter holiday season.
In a pre-close trading update, the group said it still expects to see earnings rise by 9%-11% this year.
In the trading update, TUI said: “Our broader and more differentiated product range, supported by strong demand, is enabling us to increase capacity at improved rates whilst maintaining high occupancy levels.
“The popularity of our well-diversified portfolio of brands and destinations continues to fuel higher occupancies and rates.
“The strategic expansion of our cruise business through the addition of new ships for TUI Cruises is advancing according to plan, supported by a strong trading environment and positive market growth forecast, particularly across Europe.
“The expansion of our Tours and Activities business is progressing to plan, focused on growing our range of experiences available to B2C customers, as well as B2B clients.”
