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TUI Group full year report: Successful restart in summer and almost fully booked first winter quarter 2022

TUI has taken another step out of the crisis with an almost balanced fourth financial quarter of 2021. Due to the successful resumption of the tourism business, TUI is close to reaching break-even in terms of underlying EBIT at -97 million euros in Q4 2021. TUI Hotels & Resorts, an important and high earning division […]

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TUI Group resolved a 1.1 billion euros capital increase to strengthen the balance sheet

TUI Group resolved a 1.1 billion euros capital increase to strengthen the balance sheet / Drawings under the KfW Facility reduced to zero / After transformation and restart, focus on refinancing and reducing the use of government loans / Positive booking update for Q4: 5.2 million bookings in Summer 2021, significant increase in the high […]

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TUI powers upgraded Eurostar experiences platform as preferred tours and activities partner

TUI Group, the world’s leading tourism group, is powering an upgraded tours and activities platform for Eurostar, the high-speed rail link between the UK and mainland Europe. The agreement with Eurostar continues TUI’s strong and strategic growth in tours and activities, including a steadily increasing number of partnerships with high-profile European businesses. The enhanced version […]

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TUI Care Foundation and enpact launch Tourism Recovery Programme

Enpact and the TUI Care Foundation have officially launched the Tourism Recovery Programme. During the six month programme, the participating businesses will gain access to dedicated mentoring, business development support and financial assistance from the German government. The mentoring programme, which will take place between November 2021 and January 2022, will provide tailored guidance through […]

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TUI AG: CEO Fritz Joussen participates in capital increase

Fritz Joussen, CEO of TUI AG, is participating in the capital increase resolved at the Group’s Extraordinary General Meeting on 5 January 2021. He exercised 500,000 subscription rights and thus acquired approximately 431,000 new shares. Joussen had previously sold shares (300,000) and subscription rights (100,000) on the market, among other things to finance the exercise […]

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TUI reminds people that nothing compares to a real holiday in new campaign

Following TUI ’s ‘welcome back’ campaign launch in the summer after international travel recommenced – as the first travel brand back on TV – the newest campaign from the leading travel brand has two very important jobs to do. TUI focus on inspiring travel, leading with ‘Nothing compares to a real holiday’, reminding people of […]

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Karl J. Pojer hands over management of Hapag-Lloyd Cruises

The integration of the Hapag-Lloyd Cruises brand under the umbrella of the joint venture TUI Cruises has been completed. For Karl J. Pojer (65), the successful merger represents the appropriate time to hand over the management of Hapag-Lloyd Cruises to the management of TUI Cruises at the end of the year. Julian Pfitzner will in […]

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TUI Group: Supervisory Board new set-up of Group Management as of January 1

TUI is rearranging its Group Management with effect from 1 January 2021. The Supervisory Board headed by Dr. Dieter Zetsche agreed on the changes at its meeting on Tuesday. With Sebastian Ebel, an experienced TUI manager of many years’ standing is moving to the top of the Finance division. He is currently responsible for the […]

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TUI Group: Further prerequisite for second stabilisation package of 1.2 billion euros

The TUI Group has fulfilled another condition for the provision of a second stabilisation package by the German federal government. Following the approval by the holders of the Senior Notes to waive certain bond conditions at the beginning of September, the German Economic Stabilisation Fund (Wirtschaftsstabilisierungsfonds, WSF) has now subscribed to the Group’s warrant bond […]

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TUI: Steps towards a more sustainable future after the pandemic: Protecting pristine mangrove forests and supporting local livelihoods in the Dominican Republic

On the International Day for the Conservation of the Mangrove Ecosystem, TUI Care Foundation, the German NGO Global Nature Fund (GNF) and the Dominican NGO Center for the Conservation and Eco-Development of the Bay of Samaná and its Surroundings (CEBSE) announce a new initiative, that aims to protect precious mangrove forests in the Manglares del […]

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