TUI Group Updates FY26 Trading Outlook

TUI Group has provided a pre-close trading update for FY26, projecting an underlying EBIT between €1.2bn and €1.3bn. Strong demand in the Holiday Experiences segment and improved booking momentum in Markets + Airline have enabled this guidance adjustment.

Holiday Experiences began FY27 positively, driven by an expanded hotel and cruise portfolio. The increase in available bed nights and strong demand, despite geopolitical uncertainties, underpinned this growth. Meanwhile, the Cruises segment expanded with the addition of new ships, boosting capacity and maintaining high occupancy rates.

For Markets + Airline, a later booking trend is noted, with revenue slightly lower than the previous year. Despite economic uncertainty, average selling prices have held up, particularly for popular destinations like Greece and Spain.