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TUI Group CEO Fritz Joussen: “Greece is in the core of TUI’s growth strategy”

BUSINESS ORGANIZATIONS TOURISM

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 operators, airlines and the rapidly growing field of its destinations experiences, such as excursions, activities and tours.

TUI is expecting more than 3 million customers in Greece this year from all across Europe, thus being the market leader in package tourism in Greece.

Based on this strong and long-standing partnership with Greece and the importance of the country, the Chief Executive officer of the TUI Group, Fritz Joussen met today with the new Tourism Minster of Greece, Mr. Harry Theoharis in Athens. Fritz Joussen congratulated Harry Theoharis for his appointment as Greek Tourism Minister and wished him success and good fortune in his new role. Minister Theoharis and Fritz Joussen discussed in a friendly and open atmosphere, the importance of the tourism sector for the Greek economy and the employment. They talked about the diversity of holiday experiences in Greece, such as sun and beach, local cuisine, history, culture and nature. They exchanged views on tourism investments.

TUI is seeing good demand for holidays in Greece again this year with strong last minute bookings from all source markets more recently. There is a normalization of bookings on high levels. The season is characterized by shift of demand from the Western to the Eastern Mediterranean.

TUI is increasing its portfolio of own hotel brands and concepts in Greece and now has a total of 49 units, after having added six new hotel units alone this year. With the joint venture Atlantica Hotels & Resorts, TUI is driving its hotel strategy in the country further ahead. Next year, a new Robinson Club will be opened in Ierapetra on Crete.

Greece also is a major destination for the 17 cruise ships of TUI and all three cruise companies of TUI (TUI Cruises, Hapag Lloyd Cruises and Marella Cruises) are operating in the country. Piraeus, Heraklion, Santorini, Rhodes and Katakolon are the top 5 of Greek ports for TUI’s cruise ships. Also smaller ports, like Patmos, Symi or Skiathos are being approached. With new shore excursions, TUI is offering an attractive set of shore experiences and activities to its passengers. The cruises business has a strong contribution to the local economy. According to a study of the EU-funded Green-Cruise-Port-Project, each cruise passenger is spending in local economy 60 euro per head and per day through museums, restaurants, souvenirs, shops, excursions and transport etc.

With TUI Destination Experiences, the Group has an established own service infrastructure across Greece, with 1,700 employees in Athens and 17 other offices in Greek regions and islands, developing and offering a differentiated set of activities and excursions with a special focus on sustainability.

The TUI Group

TUI Group is the world’s number one integrated tourism group operating in around 180 destinations worldwide. The company is domiciled in Germany. The TUI Group’s share is listed in the FTSE 100 index, the leading index of the London Stock Exchange, and in the German open market. In financial year 2018, TUI Group recorded turnover of €18.5bn and an operating result of €1.177bn. The Group employs around 70,000 people in more than 100 countries. TUI offers its around 27 million customers, including 21 million customers in European national companies, comprehensive services from a single source. It covers the entire tourism value chain under one roof. This comprises around 330 Group-owned hotels and resorts with premium brands such as RIU and Robinson as well as 17 cruise ships ranging from the MS Europa and MS Europa 2 luxury class vessels to the “Mein Schiff” fleet of TUI Cruises and the vessels of Marella Cruises in the UK. The Group also includes leading international tour operator brands, 1,600 travel agencies in Europe and five airlines with around 150 modern medium- and long-haul aircraft.

Global responsibility for sustainable economic, ecological and social activity is a key feature of our corporate culture. TUI Care Foundation, established in 2015, promotes the positive effects of tourism, education and training as well as environmental and social standards. This way, it contributes to the development of the holiday destinations. TUI Care Foundation now operates in more than 20 countries around the world and initiatives projects creating new opportunities for the next generation.

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