The TUI Group is further restructuring its traditional tour operator business and sharpening its profile. The tourism group has concluded an agreement to divest its two German specialist tour operators Berge & Meer and Boomerang Reisen to equity investor GENUI. Hamburg-based private investment firm GENUI will acquire the two companies for around 100 million euros. […]
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Unique World, a specialist tour operator for Asia trips, has declared insolvency. The firm, launched in 2011, offered tours in Asia, the Indian Ocean and the Middle East, based on its own flight and hotel contingents. The company’s website, displaying diverse offers for trips to Asia in 2015/16, does not yet mention the insolvency on […]
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Turkey’s Royal Hotels has bought into specialist tour operator Bentour while Delphin Hotels has increased its existing minority stake in the company. The Stone Group, which trades as Royal Hotels, has acquired a 10% stake in Bentour, which is based in Switzerland but mostly active on the German market. The Turkish group operates six hotels, […]
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