Tui Group News
TUI Group reports strong figures for Greek tourism
TUI has been able to increase the number of visitors to Greece this summer by around ten per cent to 2.5 million. As a result, Greece the second most important destination for the TUI Group behind Spain.
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Thomson prepares to complete TUI brand changeover
TUI Group has launched a campaign to raise awareness that Thomson is changing to TUI with a new TV ad debuting during ITV’s flagship Saturday night programme, the X Factor. The advert shows a man diving into clear crystal blue water; the message was simple, ‘Thomson is changing to TUI’.
TUI Group reports strong financial performance for third quarter
TUI Group recorded turnover growth of 16.4 per cent, to €4.94 billion, for the third quarter of financial 2017. This is up from a figure of €4.24 billion for the same period last year.
TUI completes Hapag-Lloyd sale to become pure leisure organisation
TUI AG has agreed on the disposal of all its remaining shares in Hapag-Lloyd AG, some 8.5 million shares. The disposal took place in an open market block trade to a guaranteed minimum price close to market closing.
TUI Group reorganises hotel division in search of growth
The TUI Group is aiming for growth in its hotel division and is looking to accelerate the expansion of its portfolio. The head of the executive board of the hotels and resorts sector, Sebastian Ebel, will in future, therefore, be provided with two divisional heads.
TUI Blue Jadran opens to guests in Croatia
TUI Blue Jadran, the seventh hotel of TUI Group’s new experience hotel brand, has opened in Croatia. The building is considered to be the oldest hotel on the Croatian Adriatic coast.
Krüger takes up director of investor relations role with TUI Group
Peter Krüger will take over as TUI Group director of investor relations. Apart from dialogue with shareholders and analysts, Krüger will also be in charge of strategic and financial projects launched by TUI Group as director investor relations and special projects.
TUI Group completes Travelopia sale to Kohlberg Kravis Roberts
The world’s largest tourist organisation, TUI Group, has confirmed the completion of the disposal of Travelopia. The deal was originally announced in February 2017.
TUI Group and Etihad Aviation Group terminate joint venture negotiations
TUI Group and Etihad Aviation Group will not continue their negotiations about the planned joint venture between the German aviation subsidiary TUI fly and Niki.
Cruise focus drives up revenue at TUI Group
TUI Group continued to deliver its transformation in the first half of 2016/17, as the integrated tourism business focussed on its hotel and cruise brands. Overall, the group delivered strong turnover growth and an improved operating result.
Ebel has TUI AG board tenure extended to 2020
The supervisory board at TUI AG has extended the tenure of Sebastian Ebel as member of the executive board by three years to November 2020. Ebel was appointed a member of the board of the world’s number one tourism group in December 2014 for a term expiring in November 2017.
TUI Group expands presence in China with new CTS Group deal
TUI Group is strengthening its presence in China, with the joint venture with the Chinese CTS Group extended by 15 years to 2033. TUI China was established by CTS and TUI in 2003, with the new deal revealed as TUI Group chief executive Fritz Joussen visits to China.