TRAVEL group TUI says it is confident of increasing earnings by more than 10 percent this year, as holidays to the Canary Islands and Cyprus replace security-threatened destinations such as Egypt and Tunisia.
TUI’s joint chief executive Peter Long said the company’s growth forecast for the current financial year took into account the costs of disruption in Egypt. ‘We have the ability to absorb this and still be comfortable with the guidance of at least 10 percent growth in earnings,’
Customers were choosing to go to the Canary Islands, Cape Verde, Cyprus, the Caribbean, and Mexico, Long said, instead of Tunisia and Egypt.
Go Holiday news : www.govillasandcottages.co.uk
TUI’s joint chief executive Peter Long said the company’s growth forecast for the current financial year took into account the costs of disruption in Egypt. ‘We have the ability to absorb this and still be comfortable with the guidance of at least 10 percent growth in earnings,’
Customers were choosing to go to the Canary Islands, Cape Verde, Cyprus, the Caribbean, and Mexico, Long said, instead of Tunisia and Egypt.
Go Holiday news : www.govillasandcottages.co.uk
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