Sebastian Ebel

Tui jumps in to fill Thomas Cook's gap

As the latest estimates regarding just how hard Greek hotels have been hit by the collapse of UK travel giant Thomas Cook are pointing to unpaid invoices of some 230 million euros, and the government is assessing its options in terms of response measures, the now-dominant European tour operator, Tui AG, is sending one of its big bosses to Greece.

German holiday bookings up 41 percent y-o-y

The German unit of European tour operator TUI said demand for summer 2017 bookings was "significantly" above the level seen at this point last year and that Germans were once again booking their holidays earlier.

"Many Germans who didn't go on holiday last year are booking especially early this year," Sebastian Ebel, head of TUI Germany, said in a statement on Thursday.