TUI to post bigger loss than forecast predicts Deutsche Bank
After talking with the company, DB said it has lowered its estimate for Q4'21 business levels
Company
TUI AG
LON:TUI
TUI Travel, now assimilated into its German parent company, TUI Group, has become one of the world’s leading international leisure travel groups operating in over 180 countries with more than 30 million customers in 25 source markets.
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Holidaymakers warned prices to rise next year as demand takes off
Alternative to PCR test being trialled by University of Birmingham
TUI sees pent-up demand but summer bookings still well below 2019 levels
People are booking more holidays as restrictions ease but the market remains subdued
TUI and Entain in Thursday’s spotlight as investors eye rebound from Covid chaos
The package holiday firm and global gambling group are among the most notable names in the diary for Thursday.
COVID-19 could cost world economy trillions in lost tourism revenue, UN report says
The UN's Conference on Trade and Development said the global economy lost US$2.4 trillion in GDP in 2020 alone as the pandemic, lockdown and travel restrictions caused tourism demand to collapse
Travel industry holds breath ahead of Thursday’s green list update
Ministers are expected to announce only a “handful” of changes to the traffic light system
Portugal holidays on again as entry requirements eased
Portugal is talking to the European Commission about how it can safely allow travel
Travel sector warned again about refunds as holidays set to resume
The travel group was one of 100 companies sent an open letter by the Competition and Markets Authority (CMA)
TUI to use larger planes after rush for holidays in Portugal
Summer 2021 prices are up by 22% on average said the FTSE 250 group
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Travel in focus on Wednesday as TUI and National Express update the market
The macro diary will also be in focus with both UK GDP and US inflation data likely to draw investor attention
Green light scheme criticised by airlines again as TUI chops Covid test to £20
The UK government will announce the categories in which countries are rated tomorrow
Travel stocks on the rise in anticipation of UK government’s green list for international travel
Tourism in the EU and the US may also be about to restart
Airlines take off as UK unveils details on COVID-19 passport for international travel
The government will soon reveal what countries have made it on the 'green' list for quarantine measures
Tour operator TUI taps debt market for additional liquidity as it launches €350- €400mln convertible
The coupon will pay 4.5-5% per year twice annually
Heathrow Airport posts £2bn loss as it pins hopes on next week’s budget announcement
The airport doesn't expect to recover until long haul passenger flights can resume
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FTSE 100 closes ahead as Wall Street rises and oil reaches new highs
UK blue chip index benefits from gains by BP and Royal Dutch Shell as oil price moves higher
Analysts look for bounce back value after lockdown exit announcement
Brokers have selected recovery stocks expected to benefit from the easing of restrictions
UK to announce tougher testing on travellers as TUI reliance on last-minute bookings proves industry struggles
The travel industry isn't recovering as quickly as hoped, with consumers still waiting to make summer bookings
TUI pinning its hopes on vaccine roll-out as summer bookings run 44% lower than summer 2019
Quarterly revenues plummeted in the October - December period but TUI has seen a sharp month-on-month increase in bookings
Investments and investor services
Markets hold up well despite new lockdown restrictions but losers will continue losing
Stocks were already pricing in the closures after a sell-off on Monday