Economy

Tui suffers Q3 loss despite positive hotel performance

Hotels and resorts saw a positive underlying EBIT since the start of the pandemic and is already back to 2019 levels, with Q3 at €104.9m (£88.7m) in 2022 compared with €70.3m (£59.4m) in the same period last year.

Tui has revealed underlying losses before tax of €27m (£22.8m) for the third quarter of the year as flight cancellations dented its earnings.

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