TUI News Page 8
TUI bucks industry trend with strong results
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 begins slow demise of First Choice on high street
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 links up with TUI for holiday ideas
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.
Thomson introduces Holidays to Lapland this winter
Thomson is getting into the Christmas spirit this December as it launches holidays to Lapland.
TUI boss headlines at UNWTO&WTM Summit
TUI Group Chief Executive Peter Long will head up an impressive line-up of private sector speakers at the UNWTO&WTM Ministers’ Summit, which will look at “How Tourism Can Prosper in Times of Uncertainly.”
TUI Travel appoints new Non-Executive Director
TUI Travel PLC is pleased to announce the appointment of Coline McConville as a Non-Executive Director with immediate effect.
TUI Travel launches travel agent training app
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.
Profits slip at TUI AG despite rise in revenue
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.
TUI on target to meet full year guidance
Reporting its third quarter results earlier, TUI Travel confirmed it was on track to meet expectations for the full year, boosted by a strong performance in its British and Nordic businesses. Europe’s biggest tour operator reported a 57 per cent increase in operating profit to £88 million in the three months to June 30th, benefiting from the late timing of Easter this year.
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TUI Education acquires English Language Centre York
English Language Centre York, the leading provider of English language courses in York, has today been acquired by student travel business TUI Education, a division of TUI Travel. Also in the UK today, City.Mobi is celebrating the success of its new guide to York.
TUI Marine signs with JDA software
TUI Marine has signed a deal with JDA software to drive price recommendations and assist with the maximisation of revenue year-round across its entire fleet. Under the terms of the deal, the water sports provider – an offshoot of TUI Travel - will implement JDA Demand and JDA Travel Price Optimiser to set pricing using a mix of its own historical data alongside real-time competitor pricing.
TUI Travel slides out of FTSE 100
Following a six per cent fall in its share price over the past quarter, tourism giant TUI Travel will fall from the FTSE 100 during the next three-monthly reshuffle. Its place will be taken by food ingredients maker Tate & Lyle, which is re-entering the blue chip index for the first time since March 2009.