TUI Travel's winter-season revenue has risen 8 percent in central Europe, matching growth in the western part of the region.
Vacation sales for next summer have climbed 11 percent both in the U.K. and in Nordic nations, the statement shows. Revenue for that season has gained 8 percent in central Europe and 23 percent in western Europe, with activity holiday sales up 13 percent. The figures cover a period from Oct. 1 to Dec. 2.
While Thomas Cook, plans to reserve fewer hotel rooms and airline seats in advance, may expand through more acquisitions, according to Chief Executive Officer Manny Fontenla-Novoa.
Early indications for the U.K. summer season 2008 are good, with bookings and average selling prices ahead,'' said Thomas Cook
This is Not very good news for consumers as the main two operators are restricting supply inorder to suport elevated prices.
