Sebastian Ebel: “We have entered a decade of sustainable transformation. For us at TUI this is not a threat – it´s an opportunity”

At a press conference hosted by Vasilis Kikilias, Tourism Minister of Greece, Sebastian Ebel, CEO of TUI Group has delivered remarks on sustainability and the upcoming launch of the TUI Sustainability Agenda: “We have entered a decade of sustainable transformation. This is particularly true for the tourism sector – an industry that of course heavily […]

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TUI UK drives forward expansion to its city break collection

TUI has significantly increased its city break portfolio from 121 hotels in five cities to 3,400 hotels in 48 cities over the past 18 months, with the ambition to offer 4000+ hotels across 60 cities, by the end of 2022. With ABTA’s recent holiday habits report showing a high demand for city break holidays (32%) […]

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TUI Supervisory Board confirms changes in TUI’s Executive Board and Group Executive Committee

-Central IT functions to be anchored within remit of new TUI Group CEO Sebastian Ebel in future – operational IT units to be dovetailed with TUI’s source markets and business units in line with market requirements -Frank Rosenberger, Executive Board member responsible for IT and Future Markets, has decided to leave the Group on 31 […]

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TUI and Cepsa join forces to decarbonise flying

TUI, one of the world’s leading tourism groups, and Spanish energy company Cepsa have signed a collaboration agreement to promote the production and supply of sustainable aviation fuel (SAF), a key tool to further reduce the carbon footprint of air transport and a priority for both companies to fight against climate change. These fuels will […]

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Strong travel summer for TUI Group

• TUI almost breaks even in Q3 2022 despite additional costs of 75 million euros for disruptions in air traffic – without additional costs clearly in the profit zone: adjusted EBIT 48 million euros (with expenses for additional costs -27 million euros) • Growth segment Holiday Experiences with clear positive underlying EBIT of 122 million […]

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TUI offers customers advice & reassurance ahead of peak summer holiday travel

TUI, the UK’s largest tour operator, has today issued reassurance and advice for hundreds of thousands of holidaymakers as they prepare to get away for summer.  Recently voted “Most Trusted Travel Company”, TUI was one of only three airlines in the UK that managed to run more than 99% of its planned flying programme in […]

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TUI repays further state aid to WSF and reduces undrawn KfW credit lines

As announced, TUI has again repaid state aid from the Corona programme and also further reduced its credit lines. On June 30, 2022, Silent Participation II of 671 million euros was repaid in full, plus interest due, to WSF (Economic Stabilisation Fund). The repayment was made with the proceeds from the successful capital increase in […]

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Supervisory Board confirmed: Sebastian Ebel appointed as new CEO of the TUI Group

-Supervisory Board expresses its thanks to Fritz Joussen: He rescued TUI twice in difficult situation, made merger a success and led hotel and cruise business to current strength -New CEO takes over Group management at the beginning of the new financial year on 1 October -Mathias Kiep becomes Chief Financial Officer as of 1 October […]

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Sebastian Ebel to become CEO of TUI | Fritz Joussen hands over at the end of the financial year

-Presiding Committee of the Supervisory Board proposes successor at the top of the Group to the TUI Supervisory Board -With CFO Sebastian Ebel, an experienced tourismmanager who was successfully responsible for the group’s growth areas before Corona is to move to the top -Mathias Kiep to succeed Sebastian Ebel as Chief Financial Officer -Dr Dieter […]

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