TUI UK and Ireland announced that it is set to streamline its retail estate and will close 166 TUI high street stores replacing them with a new homeworking sales and service team. Customers value the personal service and support TUI travel advisors offer; the business is looking to move 70% of the 900 impacted roles […]
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British Tour Operator Jet2Holidays, following its announcement last November, is offering holiday packages for Mykonos, Greece, for the first time. They are also starting flights from Manchester and Stansted on 24th May 2020. The extension of their offers is to include hotel resorts in Elia, Ornos or Agios Ioannis, city of Mykonos, Panormos, Platys Gialos […]
Continue ReadingThe 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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Thomas Cook Group announces that it has agreed to enter into a joint venture agreement with Ionic Invest, to buy the tour operator of Biblio Globus, one of the largest tour operators in Russia. The joint venture, in which Thomas Cook intends to assume a 30% minority stake, will give Thomas Cook a leading position […]
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Peter Fankhauser, Chief Executive Office of Thomas Cook Group and Elena Kountoura, Greek Minister of Tourism met at ITB in Berlin, the world’s leading Travel Trade Show. In the meeting they discussed Thomas Cook’s plans for continued investment in Greece through the growth of Thomas Cook’s own-brand hotels under popular new brands such as Casa […]
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After the record performance delivered in 2018, TUI Group’s start to the new financial year 2019 was in line with its own expectations: turnover growth, volume growth, but lower margins. At -83.6 million euros, the seasonal underlying EBITA loss increased year-on-year in Q1 2019 (previous year -36,7 million euros). The main reasons for the decline […]
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Latvian airline airBaltic in cooperation with the international tour operator Mouzenidis Travel has announced that as of June 1 it will perform weekly charter flights to the Greek island of Corfu. Martin Gauss, Chief Executive Officer of airBaltic: “We are excited to start cooperation with a new professional partner Mouzenidis Travel, further enhancing the variety […]
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TUI delivers a very good year 2018, as its operating result up by nearly 11 per cent. In addition, hotel and cruise subsidiaries drive growth and higher dividend proposed. According to TUI’s announcement, you can see the tour operators’ data for 2018. Transformation from traditional tour operator to tourism business again pays off Full year […]
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In 2015, TUI Group launched its international oneBrand initiative. By October 2017, all major European tour operator brands were rebranded to the global TUI master brand. Whether in the Netherlands, Germany, France, Sweden or – as of today – the UK and Ireland: Customers now book TUI across the board. Erik Friemuth, TUI Group Chief […]
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It’s time for innovation: an original boutique hotel concept by Thomas Cook brings an urban flair and bohemian spirit to the beach. Opening in May 2016, the 90-room Casa Cook Rhodes in Greece will be the first of the new Casa Cook lifestyle resorts to launch. The affordable adult-only hotel offers inspiring and eclectic design […]
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