Tui – Bookings Environment & Cash Flow Outlook

  • Credit
  • Consumer
  • Europe


Former senior executive at Tui Deutschland GmbH


  • H2 2022 and post-summer bookings expectations and timeline for return to pre-coronavirus booking levels, assessing consumer behaviour through economic downturns
  • Tui’s (ETR: TUI1) key points of differentiation vs low-cost operators and OTAs (online travel agencies)
  • Tui’s unit economics outlook – hotelier inflation, fuel costs rising ASPs, working capital dynamics and cost-reduction opportunities


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