TUI Sees Luxury Travel Demand Boost Sales

After traveling to 24 different countries and staying in over 45 hostels, I'm a self-proclaimed expert.

In the face of record hotel rates that continue to grow, coupled with sustained high airline fares, some travelers feel they can no longer take a luxury European vacation. They are wrong.

TUI is expanding the season in Turkey. Turkey is one of the most popular holiday destinations for TUI guests from all markets. 1.9 million guests travelled to Turkey with TUI in 2022. The country is not only a sought-after destination in the summer season. TUI Deutschland customers can book holidays in Antalya all year round. The region on the Turkish Riviera is TUI’s fifth largest destination in the winter season. Now the offer is also being expanded for British guests: for the winter season 2023/24, capacities for Antalya will be increased by 30 per cent.

Cricket is the most popular sport in India and has a huge fan base. Beyond just being a sport, it is deeply embedded in the nation’s culture, evoking intense emotions from the masses over the victories and losses of their favorite teams: 90% of the global cricket fandom consists of Indians, highlighting the cricket craze in the country. 

Blueground is seeing its apartments being rented out as safe havens from political upheavals.

American Express Global Business Travel has partnered with Emirates Group-owned dnata to offer its global clients more local expertise in the Middle East region.

Australia’s Qantas Airways Ltd raised its first-half pre-tax profit outlook on Wednesday on strong travel demand, with limits on international capacity helping boost domestic tourism, sending its shares to more than a two-year high.

U.S. airlines and airports are preparing for a surge in passengers over the Thanksgiving holiday, with the number of travelers expected to hit the highest level in three years.

Mastercard Inc forecast current-quarter revenue growth short of Wall Street estimates on Thursday, saying the boost from pent-up demand for travel will diminish going forward.

FCM Travel, Flight Centre’s principal corporate-focused agency, is gaining from the business travel pick-up in every part of the world — apart from Asia. As a whole, the Australian group only managed to break even in the region, according to its 2023 first-half results, when taking into account business and leisure sales.

Marriott Vacations Worldwide Corp‘s new CEO John Geller said on Thursday that the company’s fourth-quarter earnings underscored continued strength in leisure demand for its timeshare properties, package tours, and other offerings for travelers, despite talk of economic uncertainty.

SunExpress, a joint venture between Turkish Airlines and Lufthansa, said on Tuesday that summer bookings to Turkey spiked as of this month after a brief drop following February’s devastating earthquakes.