TUI News Page 10
TUI UK expands Holiday Extras agreement to cover airport hotels and lounges
Holiday Extras, the UK’s market leader for airport parking and hotels, has announced that it will soon extend and enhance its partnership with TUI UK, parent company to Thomson and First Choice holidays.
Former TUI Director sails into crowdsourcing with 48options.com
Sotiris Damianos, former founding director of one of TUI’s hotel sites, has become an active partner in The San Francisco Mystery SL, which is behind the emerging Greek sailing and yacht charter holiday specialist, 48options.com.
New appointments demonstrate growth for the Education Division of TUI Travel PLC
Paul Hawkes has been appointed to the newly created position of Chief Operating Officer of the Education Division of the Activity Sector of TUI Travel PLC, reporting to Ian Finlay, Managing Director of the Education Division.
TUI Travel boosted by takeover talk
Shares in British-based TUI Travel have climbed sharply, following speculation majority owner TUI AG is considering consolidating its position. The Hanover-based parent presently owns 57.5 per cent of its subsidiary, and is reportedly considering a move for the remaining shares.
TUI Travel stock hit by results
Shares in TUI Travel have fallen sharply following the release of the travel giant’s third quarter results. Revenue fell to £3.4 billion as the growth in staycations and uncertainty over the impact of UK government cuts led to a slump in demand.
Tui launches Spanish version of Cheqqer
Tui Travel has launched the Spanish version of its holiday review and planning website Cheqqer. The company has also set up local operations to run the business.
Celebrity Mercury to become second ship in TUI Cruises fleet
Celebrity Cruises’ Celebrity Mercury will become the second ship in the fleet of TUI Cruises, a cruise brand established in 2008 through a joint venture between Royal Caribbean Cruises Ltd. and TUI AG, tailored for the German market.
Ash hits profits at TUI Travel
TUI Travel – Europe’s largest tour operator – has reported a widening of financial losses for the first half of 2010, partially driven by disruption caused by volcanic ash. Also reporting today, easyJet has revealed ash disruption will cost between £50m and £70m, forcing the low-cost carrier to reduce earnings expectations for 2010.
TUI Travel PLC Highlights Rising Demand For Active Holidays with Appointment of Dedicated PR Manager
TUI Travel’s Activity Sector has strengthened its PR team to best service the growing Adventure and Sport Divisions.
Ash crisis - the travel industry fights back
The travel and tourism industry has mounted an attack on the UK government’s handling of the ash crisis. The head of Europe’s largest tour operator, Tui, labelled the government’s response to the six-day crisis “shambolic”, whilst the Conservatives have called for a “rapid inquiry”.
TUI to raise £500m for acquisitions
TUI Travel has outlined plans to raise £500 million to fund acquisitions through the issue of a convertible bond and new banking facilities. The Crawley-based tour operator also confirmed trading was in line with expectations, despite the disruption caused by the Icelandic volcanic crisis.
Ash cloud costing TUI £6 million per day
The disruption due to the ash cloud has cost the travel group TUI £20m so far. Europe’s largest tour operator said about 100,000 of its customers remain stranded overseas due to the widespread closure of airspace across northern Europe since last Thursday. Estimated daily costs while the choas continues will run at approximately £5m- £6m.