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Hapag-Lloyd Cruises to welcome two new vessels

Hapag-Lloyd Cruises to welcome two new vessels

Hapag-Lloyd Cruises’ fleet will receive two new ships. With the move, TUI Group is hoping to continue its strategic transformation to a hotel and cruise group. The group will further expand its own hotel and cruise portfolio. The world’s number one tourism group will invest in two new-builds for its Hamburg-based subsidiary Hapag-Lloyd Cruises.

TUI UK & Ireland appoints first head of innovation

TUI UK & Ireland appoints first head of innovation

TUI UK & Ireland has appointed its first head of innovation as it looks to further digitise the business. Jo Hickson, who joined from Home Retail Group where she spent five years as group head of innovation, will be focused on driving customer focused innovations across TUI UK & Ireland. In her new role, Hickson will report to Jeremy Osborne, director of strategic business change and innovation.

TUI Group sees increased losses in first quarter as uncertainty bites

TUI Group sees increased losses in first quarter as uncertainty bites

TUI Group has delivered a first quarter loss for financial 2015/16, though figures show an improvement versus financial year 2014/15. On a constant currency basis, underlying EBITA improved by 7.2 per cent to a seasonal loss of €97.3 million euros, compared to losses last year of €104.8 million in the reporting period from October to December. However, including the impact of foreign exchange translation effects, losses rose by three per cent to €101.7 million.

TUI Group signs five year inflight retail deal with gategroup

TUI Group signs five year inflight retail deal with gategroup

8 January 2016 Organisations & Operators

TUI Group has formally signed a five-year contract with gategroup through its Gate Retail Onboard subsidiary that focuses solely on inflight retail, to be its single source supplier for inflight retail for all five tour operator airlines of TUI Group. The scope of the contract includes on-board sales of food and beverage, duty free articles as well as pre-order sales in the UK and the Nordics.

TUI Group records €448m annual profit following merger

TUI Group records €448m annual profit following merger

The TUI Group has outperformed its earnings guidance for the full financial year. “The first year following the restructuring of the TUI Group was completed with a very strong set of results,” said Fritz Joussen, chief executive TUI Group. The operating result (underlying EBITA) climbed by 22.9 per cent to 1.069 billion euros (previous year €870 million). It amounted to €1.004 billion on a constant currency basis, up 15.4 per cent.

TUI UK&I welcomes new board members

TUI UK&I welcomes new board members

TUI UK&I has announced Helen Caron and Jeremy Osborne will join the UK board with immediate effect. Jeremy Osborne, digital director, has been appointed to board director of strategic innovation and business change, a newly created function designed to drive strategy and manage all business change activity.

TUI Group moves to consolidate under single brand

TUI Group moves to consolidate under single brand

The TUI Group launches its international ‘One Brand’ campaign today. By 2017, all major European tour operator brands will be rebranded with the TUI master brand. Today’s rebranding of the Dutch subsidiary Arke will mark the start of the process, with the rebranding of all travel agencies and the launch of the new TUI website.