TUI Expects Annual Earnings of €1.2bn-€1.3bn as Demand Holds Up

TUI has tightened its full year earnings guidance, reflecting strong demand in its holiday experiences division and improved bookings in the markets and airline segment of the business.

TUI now expects to post underlying earnings of between €1.2bn and €1.3bn for the 12 months to the end of September; the holiday giant’s latest financial year.

The latest quarter showed a 12% increase in available passenger cruise days and a 2% rise in average daily rates in the cruise business. Meanwhile, despite a 7% drop in booked revenue for winter 2026/27 in the markets and airline segment, average selling prices remained strong.

TUI said capacity is being carefully manged amidst geopolitical and economy uncertainty.