Friedrich Joussen

TUI, the world's largest tourism operator, said yesterday that it expects to see a return to pre-pandemic booking levels in the summer of 2022, after running up a heavy loss in its last financial year.

Friedrich Joussen, chief executive officer of travel operator Tui, told Kathimerini in an interview published on Sunday that even more important than lower taxes are laws "being applied to everybody," including social security contribution provisions.

Europe's largest holiday operator TUI Group plans to expand in Greece, it said on Friday, signaling confidence in the tourism-dependent country's efforts to emerge from a long economic crisis.

European travel and tourism giant TUI has reiterated its target of reaching at least 10 percent growth this year after seeing solid demand for winter and summer bookings, despite lower demand for Turkey and North Africa.

The Turkish government's fuel support for charter flights will be extended in 2017 amid a continuing loss in foreign tourist arrivals, Turkish Culture and Tourism Minister Nabi Avcı has said.

At an event organized by the Mediterranean Touristic Hoteliers Association (AKTOB) on Nov. 25, he said a relevant cabinet decision would soon be released. 

TUI Group is stepping up investments in countries like Bulgaria and Cape Verde to compensate for a slump in demand for travel to Turkey, the world's largest tour operator announced on Tuesday.

Strong summer holiday demand offset the impact of the Tunisian beach massacre for TUI which said annual profit would come in at the upper end of its forecast range.