TUI Travel vows to avoid price war

May 2009
Travel Weekly (UK);5/22/2009, p10
Trade Publication
The article reports that Peter Long, chief executive officer (CEO) of TUI Travel PLC, has pledged to avoid price war in the tourism market in the summer of 2009 in Great Britain. According to Long, he is pleased with the company's trading figures and is optimistic about rate of sale and deals due to positive consumer sentiment. Long further said that the company would increase the margins on its holidays.


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