TUI Travel’s Hotelbeds business has seen the outbound UK market grow faster than any other as it revealed 19% sales growth.
CEO Carlos Munoz told Travel Daily Europe generally has performed better than expected for the bedbank, both in terms of hotel bookings and the outbound markets.
For the year ending 30 September 2014 growth for the UK as a source market is up 30% while as a destination hotel sales have grown 7%.
Hotel sales in Spain and Portugal remain popular although Greece has already seen a recovery.
Asia and the Americas are the markets with the most potential for both hotel sales and source markets.
Munoz also revealed its Activities business has also seen an increase in the UK.
“Business is doing very well for our Activities sector and is up 15%, with around 8,000 activities are now in the portfolio,” he explained. “Travel agents are embracing that this is a way to add revenue streams and people are willing to book more in advance. Both online and offline travel agents are gaining more pre-sales now and taking a share from what would have normally been booked in resort.”
While advanced bookings are difficult to predict Munoz said based on 10% of its full-year business there is expected to be a 19% boost in the UK as a source market.
Its global sales growth forecast for 2014 is at 19% with plans to reach EUR2.3 billion in sales for the year ending 30 September.
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