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TUI (LON: TUI) Share News and Updates

Sam Boughedda trader
Updated 21 Sep 2023

TUI Group is a leading tourism group headquartered in Germany. The company, founded in 1923, has its primary listing in the premium segment of the London Stock Exchange and is also included in the FTSE 250 index. The company also has a secondary listing on the Xetra exchange. TUI has extensive experience in the travel industry and offers a wide range of holiday and travel services, including package holidays, flights, hotels, cruises, and tours, operating in over 140 countries.


YOUR CAPITAL IS AT RISK


TUI (LON: TUI) Share Price

TUI shares, like other airlines and travel-related companies, suffered significantly during the pandemic, but the stock was declining even before then, after hitting an all-time high in 2018. While travel demand surged following the removal of lockdown and travel restrictions, TUI shares remained under pressure due to concerns regarding debt levels and its ability to get back to full capacity.

Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.