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Strong trading buoys TUI Travel in UK

Strong trading buoys TUI Travel in UK

TUI Travel has reported a nine per cent increase in bookings at its UK operations as poor winter weather drives Brits to book holidays earlier. TUI also reported higher margins on those holidays which were booked, with momentum also carried into the summer season.

TUI Travel Sport launches North American business

TUI Travel Sport launches North American business

9 February 2013 Press Release Tourism News Organisations & Operators

FanTravel, a new web-based sales platform designed to turn organisations into travel experts, has just launched a free a service with the aim of offering a fresh approach to group travel. Backed by TUI Travel’s Sport Division, the company leverages expertise in travel, sports, and technology to make organizing group travel to sporting events simple.

TUI AG backs away from TUI Travel deal

TUI AG backs away from TUI Travel deal

23 January 2013 Organisations & Operators

TUI AG has confirmed it will not bid for smaller TUI Travel following an assessment of present market conditions. TUI AG made the statement in accordance with the UK City Code of Takeovers & Mergers, with the company now banned from launching a takeover bid within six months.

TUI Travel comes clean on TUI AG talks

TUI Travel comes clean on TUI AG talks

16 January 2013 Organisations & Operators

It has been a long time coming, but directors at TUI Travel have finally confirmed they are in discussions with TUI AG about a possible merger of the two organisations. The larger German organisation already owns 56 per cent of TUI Travel, with a deal potentially seeing the organisation acquiring the outstanding stock.

New milestone in Toscana Resort Castelfalfi: first hotel is opened

New milestone in Toscana Resort Castelfalfi: first hotel is opened

31 October 2012 Press Release Hotel News

The development of the Toscana Resort Castelfalfi has taken a major step forward with the opening of the first hotel. The boutique hotel La Tabaccaia, in the walls of the village’s former tobacco factory, opened on schedule on 6 October. The 3-star hotel with 32 rooms is the first of three hotels planned for the resort.

Frenzel to address industry audience at World Travel Market

Frenzel to address industry audience at World Travel Market

12 October 2012 Travel Events News

TUI AG chairman Michael Frenzel has been confirmed the headline speaker at World Travel Market Captains of Industry lunch on the first day of the 2012 event. Frenzel will take part in a question and answer session in front of an invite-only audience of more than 120 of the industry’s most senior professionals.