Call for an instant quote 0345 90 80 161
Open Mon to Fri 09:00 - 17:30
Coronavirus FAQs
Questions about Coronavirus? Click here for more information. Please note that due to exceptional circumstances our opening hours are currently 09:00 to 17:30 Monday to Friday. Please contact us to amend your dates or cancel your policy.
13 June 2017 07:22
Tui is the owner of Thomson
UK holidaymakers could face higher costs in the months ahead following the collapse in the pound, the owner of a major travel firm has warned.
Klaus Mangold, chairman of Thomson owner Tui, said that while efforts have been made to keep costs steady, the weakness of sterling means prices for consumers are likely to increase.
In comments made to the Press Association, he said destination costs are also rising in some parts of the world, including Italy, Spain and Greece.
Mr Mangold commented: "Y ou have to compensate it and I believe that we are making major efforts to do this and to make sure that ... we can offer our customers a reasonable pricing as far as destinations are concerned."
Rising inflation
In light of higher inflation, the expert said Britons already appear to be taking shorter breaks abroad. On average, he said holiday times have been scaled back slightly.
Over the six months to the end of March, Tui managed to achieve a 3.3% rise in revenues, to 6.38 billion euro (£5.4 billion). And the company reported that British bookings are still resilient despite the vote to leave the European Union last June.
Switching destinations
In light of terror incidents in Turkey and North Africa, some travellers have switched to different destinations.
Mr Mangold said: "A company such as ours, which has invested a lot over the last five years in hotels and in aircraft - to put it in a general way in fixed assets - is much better off to shift, as well, our customers potentially from one country to another if needed. And so I believe this is an advantage that we have."
In terms of the recent terror attacks which have hit Britain, he said a long-term downturn in demand for breaks in the UK is not anticipated.
While many consumers are shocked by the events taking place in countries like the UK and Germany, the expert concluded that people still have confidence that they can resolve their issues.
Along with flights and hotels, travel insurance is something people can shop around for before heading on overseas breaks.
09 March 2020
Move over hot cross buns and chocolate eggs, there's a whole world of Easter treats out there. Here are some alternative Easter foods from around the world.
[more...]
Forget egg hunts and bunnies, Easter's done a little bit differently in these corners of the world. Here five alternative Easter celebrations.
28 February 2020
Keep your carbon footprint in check and travel green with our eco-friendly travel tips.
25 February 2020
For true carefree travel, decide on a destination that's kinder to the planet...
20 February 2020
Travel into the future and not just through time-zones, with destinations shaping urban living.
National Anthem Day falls on the 3rd March, so what better excuse is there to delve into into the world of music and motherland?
Discover five alternative places to get down on one knee this leap year.
Two-wheels are better than none. Check out our favourite cities best explored from a saddle.
04 February 2020
Make your phone the perfect travel companion for the new year...
Bohemian boulevards and ornate opera houses await away from the Six Nations action.
Kite Flying Day falls on 8th February. What better time is there to plan your next trip through the skies?
10 February 2020
With Ferris Wheel Day on 14th February, there's never been a better excuse to enjoy a foreign skyline.