Tour operator TUI confirms guidance after strong summer season

Holidaymakers are increasingly turning to package holidays as soaring hotel and flight prices revive demand for all-inclusive deals. Pic: File photo: AP/Ted S. Warren

Europe's biggest tour operator TUI on Tuesday confirmed its annual guidance and mid-term targets after a strong summer season, sending its shares up in morning trading.

Shares in TUI rose 2% in early trading, hitting their highest level in two months.