TUI has liquid funds amounting to 2.5 billion euros2 Global reorientation measures accelerated and cost target raised: annual savings of 400 million euros announced Demand for travel is rising: 50 per cent of the programme for May 2021 already booked Summer 2021: average prices +14 percent – bookings 3 percent higher than for summer 2019 […]
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“At an operating result of 893 million euros, TUI Group delivered a successful financial year 2019. Even in a challenging year for the tourism sector, TUI delivered a strong operating performance, a robust balance sheet and growth in its Hotels & Resorts and Cruises core businesses,” said CEO Fritz Joussen, speaking in Hanover on Wednesday. […]
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With the TUI Blue Nam Hoi An hotel, TUI Group’s flagship hotel brand will make its debut in Vietnam in March 2020. By expanding in Asia, TUI Group drives the growth roadmap for TUI Blue further ahead. The brand is set to become the world’s largest leisure hotel brand and increase its portfolio to more […]
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“Despite the challenging environment in 2019 to date, our underlying business remains robust, and we expect to deliver a solid performance in 2019, which, however, will not match the prior year’s result, as expected due to the grounding of the 737 MAX. Hotels & Resorts will benefit from our diversified portfolio and Cruises will deliver […]
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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Greece is the second most important destination for the TUI Group. The world’s leading tourism group has been present in Greece for more than 40 years. The country is in the core of TUI’s global growth strategy in all business fields, with regard to hotels and cruises as much as much as for TUI’s tour […]
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The TUI Group is further expanding its position as the world’s leading holiday hotelier. In May alone, the tourism group opened more than 15 hotels in eight countries. The concept hotel brands TUI Sensimar, TUI Family Life and TUI Sensatori recorded strong growth in particular. The all-inclusive club brand TUI Magic Life offers its guests […]
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At today’s meeting, TUI AG’ Supervisory Board unanimously elected Dr Dieter Zetsche as its new Chairman. He succeeds Professor Klaus Mangold, who has stepped down from his position, as announced, after eight years. On behalf of the entire Supervisory Board, the new Supervisory Board Chairman Dr Dieter Zetsche thanked Professor Mangold and paid tribute to […]
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TUI Group is further expanding its position as the world’s leading leisure hotelier, strengthening the Group’s high-margin hotel segment. In the next few weeks, the Group is set to open more than 20 new hotels across eleven countries in Europe, Africa and Asia. Strong growth will be delivered, in particular, for the concept hotel brands […]
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Anna Laestadius has been appointed as Chief Creative Officer of the Hanover, Germany based TUI Group, overseeing the global development of the TUI brand. Her new role‘s responsibilities includes the Center of Excellence for Brand Marketing & Insights in the Nordics as well as the company‘s development of brand and marketing campaigns. Laestadius follows Barbara […]
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