Bloomberg News

TUI Sees No Jump in Cost of Travel to Greece, CEO Tells Bild

June 18, 2012

TUI AG (TUI1) Chief Executive Officer Michael Frenzel said concern about extra charges for travel to Greece this summer in the event of a currency change in the country are unfounded, Bild Zeitung reported.

Tour operators negotiate hotel prices and air fares a year ahead, Frenzel told the newspaper.

He advised travellers to bring extra cash in case Greek ATMs aren’t functioning, Bild said.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.


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