Holiday company TUI says German booking surge leads recovery

LONDON: Holiday company TUI Group said on Thursday a surge in bookings from Germany had driven a recovery from the pandemic slump and an easing of travel restrictions in Britain would add momentum.

The German-based company said bookings had jumped by 1.5 million since May, and in total it had 4.2 million bookings for this summer, compared to about 9 million in a typical summer, helping to ease pressure on finances which have been strained by the COVID-19 crisis. "We are adding bookings every day," chief executive Fritz Joussen told reporters.