Slump in winter holiday bookings

HOLIDAY giant Tui has said winter bookings have slowed due to fears over Omicron and new rules requiring testing for all UK travellers.

It revealed it is looking at whether to slash the rest of its winter programme in light of the spread of Omicron and a fourth wave of the pandemic.

Chief executive Fritz Joussen warned that, “if sentiment prevails”, it may need to cut its winter programme to the lower end of its targeted range, at about 60 to 80 per cent of pre-Covid levels.

The comments came as Tui revealed worse-than-expected annual group losses of ¤2.47billion (£2.1billion) for the year to September 30.