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Germany's woes spill over to travel

Business | Hotel and tourism
2008-7-7

TUI Travel Plc, Europe's largest tour operator, expects sales growth to slow in Germany after a reduction in capacity left it with fewer holidays to sell. German revenue will be 2 percent ahead of last year by...

Travel firm earnings surge

Business | Hotel and tourism
2008-1-31

THOMAS Cook Group Plc, Europe's second-biggest tour operator, reported a 27-percent gain in annual profit and said summer vacation bookings have been unhurt by slower consumer spending. Net income climbed to 224.1...

Travel group turns to equity-linked market

Business | Securities
2008-1-10

TUI AG plans to raise 450 million euros (US$663 million) by selling bonds exchangeable for part of its stake in TUI Travel Plc as lower-rated companies turn to the equity-linked market for funds. TUI Travel shares...

Sales travelling smoothly for tourism company

Business | Hotel and tourism
2007-12-14

TUI TRAVEL Plc, Europe's largest tourism company, said sales so far this year are "strong" with bookings in the UK and Scandinavia gaining on demand for long-haul trips to destinations such as Thailand. Package-holiday...