This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.theguardian.com/business/2017/aug/10/want-a-cheap-holiday-then-avoid-spain-says-tui-boss

The article has changed 4 times. There is an RSS feed of changes available.

Version 1 Version 2
Want a cheap holiday? Avoid Spain, says Tui boss Want a cheap holiday? Avoid Spain, says Tui boss
(6 months later)
Operator says Spain is in high demand this summer but bargains can be had elsewhere such as Bulgaria and Cape Verde
Reuters
Thu 10 Aug 2017 18.41 BST
Last modified on Mon 27 Nov 2017 18.41 GMT
Share on Facebook
Share on Twitter
Share via Email
View more sharing options
Share on LinkedIn
Share on Pinterest
Share on Google+
Share on WhatsApp
Share on Messenger
Close
European holidaymakers could turn to destinations such as Bulgaria and Cape Verde if they want to avoid high prices in busy Spanish destinations, the chief executive of European tourism group Tui said on Thursday.European holidaymakers could turn to destinations such as Bulgaria and Cape Verde if they want to avoid high prices in busy Spanish destinations, the chief executive of European tourism group Tui said on Thursday.
Tourists have been flooding into Spain over the last two years due to security concerns around rival summer destinations such as Tunisia, Egypt and Turkey. Visitors to Spain jumped 12% in the first half of 2017 to 36.4 million.Tourists have been flooding into Spain over the last two years due to security concerns around rival summer destinations such as Tunisia, Egypt and Turkey. Visitors to Spain jumped 12% in the first half of 2017 to 36.4 million.
Reports have also circulated in the past week that chronic overcrowding in some of Europe’s most beloved tourism hotspots is fuelling a backlash by locals against visitors.Reports have also circulated in the past week that chronic overcrowding in some of Europe’s most beloved tourism hotspots is fuelling a backlash by locals against visitors.
“Spain is pretty full,” Friedrich Joussen said after Tui – known as Thomson in the UK – reported third-quarter results. “Last year we had an all-time high and this year we will be on similar levels.”“Spain is pretty full,” Friedrich Joussen said after Tui – known as Thomson in the UK – reported third-quarter results. “Last year we had an all-time high and this year we will be on similar levels.”
Joussen said most people in Spain were happy with tourists because they help provide jobs and support the economy. But with prices for Spain rising due to high demand, other more affordable destinations could come into play.Joussen said most people in Spain were happy with tourists because they help provide jobs and support the economy. But with prices for Spain rising due to high demand, other more affordable destinations could come into play.
The higher prices could be a factor in particular for British customers, with the cost of their holidays rising due to the weak pound following the Brexit vote.The higher prices could be a factor in particular for British customers, with the cost of their holidays rising due to the weak pound following the Brexit vote.
“Initially we saw some weakening demand, but it’s now resilient so people are getting used to higher prices,” Joussen said of UK customers.“Initially we saw some weakening demand, but it’s now resilient so people are getting used to higher prices,” Joussen said of UK customers.
He said Tui would probably not reduce capacity for Turkey next year because demand was coming back. And he said the group would look at adding Tunisia back into its programme but no decision had yet been taken.He said Tui would probably not reduce capacity for Turkey next year because demand was coming back. And he said the group would look at adding Tunisia back into its programme but no decision had yet been taken.
Rival Thomas Cook is planning to restart holidays to Tunisia after the Foreign Office altered its travel advice but said it would take time to set up.Rival Thomas Cook is planning to restart holidays to Tunisia after the Foreign Office altered its travel advice but said it would take time to set up.
Joussen was speaking after the group reported a 38% rise in profit to €221m (£200m), partly thanks to the later timing of Easter.Joussen was speaking after the group reported a 38% rise in profit to €221m (£200m), partly thanks to the later timing of Easter.
Tui Travel
Travel & leisure
Europe
Spain
Barcelona
Share on Facebook
Share on Twitter
Share via Email
Share on LinkedIn
Share on Pinterest
Share on Google+
Share on WhatsApp
Share on Messenger
Reuse this content