Reporting full-year earnings, TUI Group noted the high demand for its three unique cruise brands TUI Cruises, Marella Cruises and Hapag-Lloyd Cruises.

The company said that short-term bookings continue to represent a large share of overall bookings. Still, encouragingly, the proportion of mid-term bookings is increasing as customer confidence returns.

The company also said that 2023 booked ticket rates for all three brands are above pre-pandemic levels.