TUI Raises 2025 Profit Outlook on Record Hotels, Cruises Performance

TUI Group has raised its annual profit guidance for the 2025 financial year, expecting adjusted operating profit to increase by 9-11%, up from the previous forecast of 7-10%, driven by record performances in its Hotels & Resorts and Cruises divisions. Despite this positive outlook, the Markets and Airlines segment, which includes package tours and flights, continues to face intense competition and slower revenue growth, now expected at the lower end of a 5-10% range. CEO Sebastian Ebel highlighted that although summer bookings were late, higher travel prices and a later demand upturn are supporting the improved profit forecast. The company's share price reacted positively, rising by up to 5% following the announcement. TUI is also focusing on diversifying its revenue streams by expanding into Asia and Central Europe. The group plans to release detailed third-quarter results and further business insights soon.