TUI CONFIDENT OF CANARIES GROWTH AS A STRONG DESTINATION

2020/06/26 07:16:32 Written by Canarian Weekly Business

TUI CEO Sebastian Ebel "the desire to travel remains, long distance flights will suffer which will benefit the Canary Islands who have little competition as an all year round resort"

The President of the Canary Islands Government, Ángel Víctor Torres, and the Minister of Tourism, Yaiza Castilla, held a meeting on Thursday with the CEO of the TUI Group, Sebastian Ebel, to discuss the recovery of tourist flows with the Canary Islands.

This meeting is the third meeting the Government has held in the last three months with the giant tour operator, with a view to preparing the destination for receiving tourists of all nationalities.

In this regard, Ebel, the CEO of Hotels & Resorts, Cruises, Destination Experiences and Contracting, expressed his confidence in the recovery of the Canary Islands, declaring that "it will go well, as it is one of the few destinations with sunshine all year round, and has little European competition in the winter."

Torres told Ebel that the low incidence of the pandemic in the Canary Islands is an advantage, because tourists "want to go to safe destinations, and in the Canary Islands we also have quality healthcare to support it."

Ebel, who attended the meeting with the director of operations of RIU in the Canary Islands, Sergio Lobenstein, and the representative of TUI in the Canary Islands, Jill Massow, assured that, according to their forecasts "tourists will come to the islands including more young people and families."

The CEO of TUI also said that "the desire to travel remains, but long distances flights are going to suffer the most, so they foresee that in the next few years, Europeans will take more holidays in Europe."

34.4% MARKET SHARE IN THE CANARY ISLANDS:
TUI is the largest tourism group in the world, with an annual turnover of 18 billion euros, thanks to more than 20 million customers.
Its closest competitor (Thomas Cook) went bankrupt last September, with the company benefiting from increased demand.
According to data provided by TDA (Travel Data Analytics), TUI's market share in Germany has grown from 24.1% to 27.7% this January.
In the case of the Canary Islands it has gone from a quota of 29.9% to 34.4%, as in 2019 they brought 2.6 million passengers to the Canary Islands from different parts of Europe.