Cruising Through Uncertainty and New Frontiers

TUI Group's cruise division absorbed 20 million euros in disruption costs during the third quarter of 2026 as Middle East tensions kept ships from transiting the Strait of Hormuz, trimming underlying EBIT to 133 million euros from 143 million a year earlier even as the average daily rate rose 4 percent to 252 euros and load factor reached 99 percent; CEO Sebastian Ebel pointed to wars, consumer…