TUI Group’s cruise results highlight resilience despite Middle East disruption

TUI Group’s cruise division posted strong growth despite Middle East disruption, signalling continued confidence in underlying demand.

The group reported a 25.9% year-on-year increase in underlying EBIT to €163.5 million (US$177 million) for the first half of 2026, even as US-Iran conflict-related disruption in the Arabian Gulf affected operations during the second quarter.

Second-quarter EBIT reached €80.3 million (US$87 million), absorbing approximately €20 million (US$22 million) in costs linked directly to the Iran conflict, which led to itinerary cancellations and temporary vessel displacement.

TUI Group’s cruise results highlight resilience despite Middle East disruption

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