Holiday accommodation shortage to hit this summer as travellers take longer trips, warns Tui boss
Mediterranean holidaymakers are taking longer journeys – which is able to result in a scarcity of rooms in peak summer season, the boss of Europe’s largest journey agency has warned.
Fritz Joussen, chief govt of Tui, informed The Unbiased that the typical size of vacation booked by clients has elevated from 8.5 to 9.5 days in contrast with pre-pandemic stays.
“Though that doesn’t sound a lot, it is extremely large – we’re consuming 12-13 per cent extra lodging,” he mentioned.
“This may have an affect later within the season.”
The shortage of provide, he mentioned, will sharply cut back availability within the peak summer season months of July and August.
Even in Turkey, the place the variety of Russian and Ukrainian guests is predicted to be sharply down due to Vladimir Putin’s battle, different supply markets have already taken up the spare capability.
“In the event you don’t ebook now, you’ll have problem discovering a good vacation,” warned the Tui boss. “Final-minute reductions is not going to be seen.”
Mr Joussen mentioned the price of residing disaster had not to this point hit bookings, with the UK main a surge in gross sales throughout Europe.
Common promoting costs for summer season holidays are 20 per cent increased than in 2019. Two-thirds of the rise is because of clients taking longer journeys.
The Tui chief govt added that summer season 2023 bookings from the UK are “very sturdy”. Though absolute numbers are small, he mentioned “we see very sturdy momentum”.
Gross sales for the summer season season are at the moment at 85 per cent of the extent of summer season 2019.
Whereas cruising has been more durable hit than different elements of the enterprise, Mr Joussen mentioned that it was recovering strongly.