Articles tagged “tour operator”

New EasyJet CEO Is Making a Big Push Into Vacations and Loyalty

New EasyJet CEO Is Making a Big Push Into Vacations and Loyalty

Kaye Wiggins, Bloomberg

Given Johan Lundgren's experience working at tour operator TUI, it's no surprise to see him make a move into vacations. Up until fairly recently it was an untapped area for low-cost airlines, but many have now woken up to the financial benefits of packaging up flights and hotels.

2 weeks ago

TUI Group’s Switch From Tour Operator to Hotel and Cruise Line Is Paying Off

TUI Group’s Switch From Tour Operator to Hotel and Cruise Line Is Paying Off

Patrick Whyte, Skift

TUI Group has used proceeds from sales to invest in hotels and cruise ships. This asset-heavy approach has its risks, but it does give the company more control.

5 months ago

Tour Operator Offers $1 Million Expedition to View Endangered Species

Tour Operator Offers $1 Million Expedition to View Endangered Species

John O'Ceallaigh, Daily Telegraph

At $9,009 per day for 111 days, this tour highlights the plight of endangered species around the world. Some nice publicity for the tour operator, Natural World Safaris, and for the cause it's promoting.

4 years ago

UK Tour Operator Thomas Cook to Close More Offices

Richard Weiss, Bloomberg

A company such as Thomas Cook can often get to profitability by gutting offices, and trimming the ranks of employees and other expenses, but in the end, what will the company look like?

5 years ago

TUI Travel has sunnier earnings forecast because of extended wintry weather

Richard Weiss, Bloomberg

The European tour operator is reducing its retail operations and trying to solicit more online bookings. Sometimes the business climate for TUI Travel seems colder and damper than a British winter.

5 years ago

TUI Travel tilts away from travel agents with strong online sales

TUI Travel tilts away from travel agents with strong online sales

Rebecca Clancy, The Daily Telegraph

The world's largest tour operator is pushing an online strategy and establishing direct relationships with consumers, meaning traditional travel agents are increasingly getting cut out of the picture. TUI Travel's online business now stands at 40% in the UK, and the company hopes to achieve that mark globally.

5 years ago