It’s been a hot summer of travel, but this is likely to be the peak of the post-pandemic boom. As the longer nights start to roll in, the need to splurge on expensive travel will fade.
When it returned to profitability for the first time since the pandemic, TUI AG said bookings for this summer were up 6% from 2022. However, while customers continue to spend more on their holidays, this is a slowdown from the 13% increase. informed in the second quarter.