TUI takes overtourism 'very seriously'
The German travel giant said it takes protests against overtourism very seriously, while arguing that its business model does not contribute to the problem
Tens of thousands of protesters marched across Spain's Canary Islands in April, demanding changes to the mass tourism model they say is overwhelming the Atlantic archipelago. TUI responded by saying that its package tourism is not to blame, as every customer it brings stays in its hotels and does not displace local housing.
Key takeaways
- TUI, which offers hotel bookings, charter flights and cruises worldwide, denies responsibility for rising local housing prices;
- The company believes that determining the appropriate number of tourists should be the responsibility of local people and their elected officials;
- These statements were made as the German company reported a 16 percent increase in revenue for the first quarter of the year, reaching a record 3.6 billion euros.
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