TUI has struck an agreement with the German government to repay at least 730 million euros ($775 million) of state aid that bailed out the German tourism group during the coronavirus pandemic.
TUI has struck an agreement with the German government to repay at least 730 million euros ($775 million) of state aid that bailed out the German tourism group during the coronavirus pandemic.
TUI Group wants to shift more than 50% of its bookings to its TUI App, an ambitious long-term goal for Europe’s largest holiday package tour operator, given that app bookings account for less than 10% of its sales in key markets like the UK and Germany.
TUI is expanding the season in Turkey. Turkey is one of the most popular holiday destinations for TUI guests from all markets. 1.9 million guests travelled to Turkey with TUI in 2022. The country is not only a sought-after destination in the summer season. TUI Deutschland customers can book holidays in Antalya all year round. The region on the Turkish Riviera is TUI’s fifth largest destination in the winter season. Now the offer is also being expanded for British guests: for the winter season 2023/24, capacities for Antalya will be increased by 30 per cent.
2,800 employees from eight TUI companies under one roof.
Top-level leadership changes at Tour operator TUI continue as the German-headquartered firm confirmed the appointed a new Chief Information Officer, Pieter Jordaan.
Travel giant TUI (TUIGn.DE) reported on Friday a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than they had been in the corresponding 2018/19 period, before the COVID-19 pandemic hit international travel.
TUI’s winter bookings might have been lackluster, but early summer bookings for the world’s largest tour operator have picked up, as the company plans to focus on giving more flexibility to travelers in booking flights, hotels and activities individually, in addition to its wholesale packaged tours, to grow its customer base in underrepresented markets.
TUI Group sees an opportunity to leapfrog from selling package holidays with static prices to helping travelers book individual trip components with dynamic pricing.
TUI Musement continues to carve its place in the growth flywheel of parent company TUI Group, with the launch of its digital TUI experiences platforms to take the brand beyond Europe and into the world.
British holidaymakers can now book a TUI hotel stay without choosing a TUI package tour or flight.
Tour Operator Group TUI has returned to profitability, posting its first post-pandemic net profit. However, its overall performance for the year is expected to be dampened by the impact of the extreme weather and wildfire disruptions experienced in Europe towards the end of the third quarter.
Good morning from Skift. It’s Thursday, August 10. Here’s what you need to know about the business of travel today.
For many travel operators, the climate crisis may be an opportunity for growth, as bookings can be taken for longer throughout the year and newer (cooler) destinations become more attractive. It will also enable tourists to avoid Covid-style lockdowns where they may be forced to stay indoors during the hottest parts of the day across Europe, as has been the case for holidaymakers and residents throughout July and August in the northern hemisphere.
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