Travel group says the Canaries, Egypt, Cape Verde, Thailand and Mexico are popular this season

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Europe’s largest travel company expects its annual profits to rise by at least a quarter, helped by people spending more on winter breaks to sunny destinations such as Egypt, Cape Verde, Thailand and Mexico.

Tui also said summer sales rose by 6%, helped by late bookings, for which Spain, Greece and Turkey were the most sought-after destinations. Tui has taken a further 1.4m bookings since its August update, to 14.7m for the summer. It sold nearly all of its holidays, and was slightly ahead of last year.