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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

DARK SECRETS: Tui expects leap in profits as winter break bookings rise | Vintage Vibes

People are spending more on winter breaks to sunny destinations like Thailand.
People are spending more on winter breaks to sunny destinations like Thailand. Photograph: Mladen Antonov/AFP/Getty Images

Europe’s largest travel company expects its annual profits to rise by at least a quarter, helped by people spending more on winter breaks to sunny destinations such as Egypt, Cape Verde, Thailand and Mexico.

Tui also said summer sales rose by 6%, helped by late bookings, for which Spain, Greece and Turkey were the most sought-after destinations. Tui has taken a further 1.4m bookings since its August update, to 14.7m for the summer. It sold nearly all of its holidays, and was slightly ahead of last year.

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