In 2023 there will therefore be no “last-minute summer” like in previous years. “On the contrary: the prices will be higher rather than cheaper shortly before departure, because the hoteliers and airlines also know that a lot is still being booked at short notice,” warned Ebel, emphasizing: “Spontaneous bargains will be the absolute exception.”
In the case of air travel, there is also the reduction in capacity at the airports. The demand for holiday flights exceeds the supply. “That’s why these cheap offers with isolated exceptions for marketing campaigns will no longer exist as they used to,” said the TUI boss.
During the Corona crisis, the Hanover-based company used government aid loans of around 4.3 billion euros. TUI has now repaid all state aid.
