TUI AG says cruise recovery continues as expected

Recovery of the cruise operations of TUI AG, the German tour operator, continues in line with the company’s expectations, it said in a statement.

“Cruises has continued to recover into Q4, with occupancies building strongly and rates in line with 2019 levels. Winter 2022/23 occupancies are developing in line with our expectations at rates above 2019 levels,” the company said.

TUI AG’s financial year ends on 30 September.

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