Media playback is unsupported on your device

Tui boss: 'Strong demand for all-inclusive holidays'

10 December 2013 Last updated at 11:53 GMT

Travel company Tui, which owns Thomson and First Choice, has seen profits slip due to weak French sales and a restructuring in its specialist and activity division.

Pre-tax profit for the year was £181m, down 10% on a year earlier, while revenue rose 4% to £15.1bn. However, excluding one-off costs, pre-tax profit rose 21%.

Chief executive Peter Long spoke to BBC Breakfast's Steph McGovern and said Tui was very mindful of the growing cost of living.

"What is particularly a strong demand is the all-inclusive holidays, where you have complete peace of mind because everything is included, and that enables our customers to budget more easily and effectively."

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.