Travel Giant's Share Price Plummets

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Travel Giant's Share Price Plummets
Photo: Envato Elements

The German travel giant Tui is falling sharply on the Frankfurt Stock Exchange after reporting quarterly figures. The decline of over 8 percent is the largest for a single trading day since August and is linked to poorer prospects for the 2024/2025 winter season.

The company, on the other hand, sees a strong start to the summer season, where the number of bookings has increased by seven percent, while prices are three percent higher than in previous years.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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