TUI Group Isn’t Seeing Much Tourism Recovery in Turkey or North Africa
Photo Credit: The TUI Blue hotel in Falesia, Portugal. The company has seen customers move away from destinations impacted by terrorism. TUI Blue
Skift Take
There were hopes in some quarters that tourists might start heading back to areas that had fallen out of favor because of terrorism and other geopolitical problems. At this stage it hasn’t happened but it will be worth paying attention to the European “lates” market to see if the resulting lower prices persuade those looking for a deal to return.
Spain and other European destinations are continuing to offset a lack of demand for Turkey and North Africa, according to TUI Group.
For the past couple of years, tourists have been shunning places hit by terrorism and there seems to be no sign of a recovery.
Fortunately for TUI it has other options. Its relatively new fleet of Boeing 787 Dreamliners means that it has been able to access long-haul destinations such as the Caribbean and it is opening new hotels throughout Europe to entice those who want to stay closer to home.
In an interview with CNBC, TUI Chief Executive Fritz Joussen was asked whether certain countries would see a permanent drop-off in tourism numbers.
“I think when you
