Full year underlying EBIT guidance narrowed to €1.2-1.3bn
Holiday Experiences bookings and prices holding up well for winter season
Markets + Airline booked revenue for winter down 7%
Derren Nathan, head of equity research, Hargreaves Lansdown:
“Robust demand for TUI-branded summer getaways and improved final-quarter booking trends in the Markets + Airline platform are set to see the group’s operating profit land in the middle of its previous guidance. TUI’s reputation for trusted, good-quality holidays is also standing it in good stead, especially when disruption risk makes customers value reassurance that they will be looked after if things go wrong. However, the more commoditised Markets + Airline division continues to lag prior periods and is seeing a later booking pattern.
Forecasts point to improved profitability next year at €1.5bn but getting there won’t be without challenges. Geopolitical uncertainty feeds into both higher fuel prices and consumer sentiment, while booked revenue for winter is down 7% in Markets + Airline. Prices are holding up across TUI’s offering, but occupancy is down in both Hotels & Resorts and Cruises. Having added capacity in these divisions, TUI now needs its differentiated proposition to pull in late demand for rooms and cabins without giving too much away on price.”
Notes to Editors
HL is the UK’s largest investment and savings platform for private investors and more than 2.2 million clients trust us with £205 billion (as of June 2026).
We help Britain build wealth, with confidence. Our promise is simple: to provide the best products, the best support and the best value. Founded in 1981, we’ve been helping people save and invest for a better financial future for more than four decades. We offer a lifelong, secure home for our clients’ investments and savings, combining great value with outstanding service, to make managing your money easier at every stage of life.
Our award-winning Savings & Resilience Barometer measures the nation’s financial resilience across our 5 to Thrive pillars, equipping people with the tools they need to strengthen their financial futures.
Saving and investing is for the whole family, and to support intergenerational wealth transfer, we’ve removed all platform charges and share dealing fees on our Junior ISA, meaning kids go free, and we’ve reduced the platform fee on our Lifetime ISA to 0.25%, supporting those savings for their first home or for retirement.
Regular saving into all funds, FTSE 350 shares, and selected investment trusts and ETFs is free.
Our clients also have access to the most comprehensive pension and retirement solution, including SIPP accounts, SIPP Income Drawdown, UFPLS payments and annuities, as well as over 14,000 investment options across funds, shares, ETFs, investment trusts, bonds and gilts.
HL Active Savings is the UK's largest retail cash savings platform that lets savers easily make more of their money and the HL Cash ISA allows savers to manage their Cash ISA portfolio across multiple banks, all within one account.