(Alliance News) - Tui AG on Thursday said booking momentum remained encouraging ahead of the Easter holding, while claiming its customers prefer "sunshine destinations".
The Hanover, Germany-based holiday operator said bookings and trends for Easter holidays confirmed strong demand across all markets for destinations such as the Canary Islands, Turkey, the Balearics, mainland Spain, Egypt and Greece.
It expects over 500,000 customers on holiday with Tui over Easter, with a load factor in the range of 95%, which it said was broadly in line pre-pandemic levels.
Tui also noted customers continue to book at shorter notice and prefer package holidays and all-inclusive offers.
"Booking momentum remains encouraging, and the travel trends and strong demand for the Easter holidays are a healthy signal for the upcoming summer," said Chief Executive Officer Sebastian Ebel.
"Our products and strong brand are popular and in high demand - in the UK, Germany, the
Netherlands, Belgium, Switzerland and many other markets where people are looking for relaxation in the sun and active experiences.
"Based on trends to date and as we have said in March, we continue to anticipate capacity to be close to pre-pandemic levels. We expect a good summer 2023."
Shares in Tui were up 7.3% to 597.60 pence each in London on Thursday morning.
By Greg Rosenvinge, Alliance News reporter
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TUI AG (TUI)