As any punter will tell you, they don’t often come in. The odds will be against the company for as long as the Covid-19 pandemic continues to rage, James Moore writes
Perhaps the most striking thing about travel firm Tui’s results is that it’s taking any bookings at all.
Yet while the company said it had experienced a “material decline” in the wake of Covid-19, “the greatest crisis the tourism industry and Tui has ever faced”, there are still people willing to commit cash in the hopes of a sunny, virus-free summer.
Some 35 per cent of the company’s programme has been sold to date, which compares with 59 cent this time last year. Tui’s forecast is that summer 2020 will see a decline of 36 per cent when the dust has settled.
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