Tui, the world’s biggest tourism company, will give more details of the state of the holiday market when it reports first-half results on Wednesday. International travel from Britain can resume on 17 May – another step towards normality – and Tui is banking on a rush of vaccinated people booking summer holidays. Berlin bailed it out several times by Berlin during the Covid crisis, leaving it with a €2.1bn (£1.8bn) financial cushion. Flight prices jumped last week, although Tui said it would not put up prices for package holidays – it still has plenty to sell. There is also, in the small print, free Covid cover – should it turn out that holidaymakers are not magically immune after all.

Source: The Guardian May 08, 2021 23:03 UTC