Tui’s Profits Plummet Amid Global Turmoil | Ireland News

Tui’s Q3 profits nosedived 43% to €153.4 million as soaring fuel costs, geopolitical chaos—including an €81M Iran war hit—and shrinking bookings dragged down performance. Customer numbers fell 3% to 9.9 million, while cruise operations took a €20M blow. CEO Sebastian Ebel says the company’s model remains strong, but travelers are booking closer to departure due to war, inflation, and economic uncertainty. Though their tour operator arm lost money, hotels and cruises held up better. Still, Tui’s full-year forecast stays unchanged, buoyed by a 7% booking surge in the last four weeks—with Greece, Spain, and the Eastern Mediterranean showing renewed demand. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ac60d5e49a012cb2