TUI Group Q3 Numbers: Cruise Prices Up
TUI Group announced its third quarter results and noted that cruise prices are up two per cent for its three brands: TUI Cruises, Marella Cruises and Hapag-Lloyd Cruises.
The three brands will deploy 17 ships during the summer, the company said, with passenger cruise days going up 11 per cent for the coming four quarters thanks to the new Mein Schiff 7, which joined the fleet in June.
Occupancy rates were up at all three brands. The Mein Schiff fleet saw occupancy at 101 per cent, up from 98 per cent a year prior; Hapag-Lloyd was up to 78 per cent from 73 per cent, and Marella Cruises was up to 98 per cent from 95 per cent.
The average daily ticket prices were also up, reported at 207 euros for TUI Cruises, up from 191 euros last year. Hapag-Lloyd saw its daily ticket price at 733 euros, up from 706 euros, and Marella Cruises reported its average daily ticket price at 189 pounds, up from 178 pounds in 2023.
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