STAFF REPORTER

PALMA
TUI Travel has slashed the number of holidays it is offering next summer by 16 percent.
The group, which owns Thomson and First Choice, said the move should allow it to lift selling prices next year by about nine percent.
The capacity reduction mirrors cuts at main rival Thomas Cook, which includes the former MyTravel portfolio, which said earlier this year that it would reduce the number of 2009 summer holidays by six percent after a fall in early bookings.

The news could not come at a worse time for Majorca traders still reeling from a poor summer 2008 and a disappearing winter programme.
TUI dominates occupancy in resorts like Magalluf where businesses complained of a gloomy summer.

Comments

The content of comment is the opinion of users and netizens and not of mallorcadailybulletin.com.

Comments contrary to laws, which are libellous, illegal or harmful to others are not permitted');

mallorcadailybulletin.com - reserves the right to remove any inappropriate comments.

Warning

Please remember that you are responsible for everything that you write and that data which are legally required can be made available to the relevant public authorities and courts; these data being name, email, IP of your computer as well as information accessible through the systems.

* Mandatory fields

Currently there are no comments.