• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

Europe’s airline and hotel stocks soar after British holidaymakers get the all-clear to book travel

By
Siddharth Philip
Siddharth Philip
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Siddharth Philip
Siddharth Philip
and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 23, 2021, 9:07 AM ET

U.K. holidaymakers reappeared with a roar, showering airlines with summer bookings after Prime Minister Boris Johnson outlined a roadmap for air travel to return.

EasyJet Plc ticket sales more than quadrupled in the hours after Johnson said Monday that international trips may restart as soon as May 17. Tour operator TUI AG said holiday bookings to Spain, Turkey and Greece jumped sixfold overnight, while Ryanair Holdings Plc cited Italy as another popular destination.

Airline shares advanced for a second day as evidence mounted of burgeoning customer demand for the crucial summer season. While travel could open as soon as late May or June, travelers are hedging their bets, with the uptick concentrated on July and August. Price-comparison site Skyscanner said that flight bookings on Monday increased by 69% compared with the previous day.

“We are seeing this latest news translate into a surge in travel demand,” said Hugh Aikten, vice president of flights at Skyscanner. Ultimately, he said, further steps will be needed to truly unlock demand, “including greater global alignment on common, international standards to enable people to plan.”

Shares of EasyJet rose as much as 12% in London on Tuesday, a day after gaining 7.3% in response to Johnson’s plan to gradually reopen the economy. TUI surged as much as 7.3% and Jet2 Plc 10%, while Ryanair and IAG SA, owner of British Airways, also added to Monday’s gains.

U.K. hotel operators such as Whitbread Plc and InterContinental Hotels Group Plc meanwhile rose in anticipation of a pickup in internal. Hotels could reopen May 17, a month after campsites and self-catering accommodation.

Britain has established a task force that will set out a roadmap for when international travel might resume, with a report due by April 12. Questions still remain about requirements for testing and quarantines.

Bookings for flights from the U.K. jumped 337% in a few hours, EasyJet said late Monday. Sales of package holidays soared 630%, the low-cost carrier said.

Greek Holiday

Sunny spots such as Malaga, Alicante and Palma in Spain, Faro in Portugal and the Greek island of Crete are among top destinations, EasyJet said. While travel may reopen sooner, August is the most popular period.

Bookings from Britons have begun to surge at the 21-floor Madeira Centro Hotel in Benidorm on Spain’s Costa Blanca, according to commercial manager Juan Natera, who said that reservations are strong for August and September, extending into the fall.

Michalis Vlatakis, president of the Association of Cretan Tourism and Travel Agencies, said that restarting travel will depend on the roll-out of vaccinations and decisions by Greek authorities, he said.

“Tourism is psychology and the right psychology must be created for people to travel,” Vlatakis said.

While the U.K. ticket sales validate optimism for customer demand, the outlook for travel in the early part of summer remains cloudy.

TUI will seek to encourage customers to take a break after May 17, when the current ban on tourist travel potentially ends, by extending a policy allowing them to rebook for free until the end of June.

“We will continue to work closely with the government so people can look forward to a well-deserved break away, after what has been a very difficult year for many,” said Andrew Flintham, managing director of TUI UK and Ireland.

–With assistance from Paul Tugwell and Laura Millan Lombrana.

About the Authors
By Siddharth Philip
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in International

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
3 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
18 hours ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
17 hours ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.