COMPANIES German unemployment and its impact on the numbers of people taking holidays abroad is becoming as big a concern for Tui Travel as joblessness in the UK, the tour operator’s chief executive said.
Peter Long said the projected fall in gross domestic product of 6 per cent and the effect on manufacturing jobs were bound to hit Tui’s German market, which last year provided 5m customers for the group, compared with 4.5m from the UK.
