Travel giant TUI has reported a sharp fall in bookings in the UK market for summer 2012 when compared to last year. Overall, TUI saw bookings drop 11 per cent, with the fall partially attributed to a nine per cent reduction in capacity.
First Choice has announced the launch of a new brand-building campaign as it seeks to move over to an all all-inclusive offering from May 2012. Shot at the new First Choice Holiday Village Tenerife, the advertising campaign will appear on TV and in the national press.
On the day Thomas Cook announced losses of nearly £400 million, rival TUI AG confirmed it expected to make a net profit for financial 2011. Hanover-based TUI AG also revealed it was on track to reinstate a dividend following moderate growth in turnover and operating profit during the year.
Sandra Leonhard has been appointed as TUI AG Director Digital Strategy & Transformation with immediate effect.
TUI Travel has reported a strong improvement in profitability during a tumultuous time for travel industry generally. With rival Thomas Cook struggling under the threat of bankruptcy only days ago, TUI revealed a pre-tax profit of £144 million for the financial year ended September.
TUI UK has confirmed it will re-brand its high street retail outlets by introducing “Thomson….. featuring First Choice” to increase presence and develop its position. Over the course of the next two years, TUI will be investing £8 million in changing the look of all its high street retail stores, starting this month in the Exeter region.
Barclaycard Freedom has confirmed TUI Specialist Holidays Group travel brands Sovereign Luxury Travel and Hayes & Jarvis are the latest companies to join the programme. The addition of the two luxury travel brands will provide Barclaycard customers with exclusive holiday offers and discounts to a range of travel destinations worldwide.
This summer TUI UK is launching the first online training modules for third party retail agents focussed on Thomson and First Choice’s differentiated product. Five different online modules will launch on Thursday August 18th 2011 and will provide training on Thomson’s Sensatori and Couples collections, and First Choice’s Holiday Village and SplashWorld collections.
TUI Group has seen underlying profits before tax slip during the third quarter of financial 2011, with EBITA decreasing by 11 per cent to €96 million from €108 million the previous year. In a set of mixed results, Europe’s largest tour operator said political turmoil in North Africa – particularly Egypt – was responsible for the loss.