TUI CEO Joussen Sees Growth in Cruises, Turkish Bookings

TUI CEO Joussen Sees Growth in Cruises, Turkish Bookings

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the company's performance, highlighting a 12% earnings growth driven by increased revenue and customer bookings. Seasonal booking trends show strong winter and summer bookings, with Turkey experiencing a 70% increase despite political tensions. The impact of Brexit on UK tourism is examined, noting a margin squeeze due to the weak pound, but stable customer spending and a shift towards cost-competitive destinations like Croatia and Bulgaria.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the earnings growth of the firm this year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in summer bookings in Turkey year over year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the political tensions between Germany and Turkey affect tourism according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the weak pound have on holiday budgets in the UK?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Which destinations are currently popular among UK customers?

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