Tui basks in the sun as Brexit fails to dent holidays



Brexit worries and instability in Turkey have failed to dampen the outlook at Tui, Europe’s largest tour operator, which has raised its profit guidance for the full year to the end of September.
The group said demand has remained strong from holidaymakers in the UK, where its brands include Thomson and First Choice. Revenues in the summer season were up 5 per cent as Britons defied concerns that the devaluation of the pound since the Brexit vote on 23 June would undermine the market for foreign holidays.
Bookings from the UK for the 2016-17 winter season are also robust with an increase of... read more

 
29 September 2016 in Business, Views: 30
Source: Scotsman
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