Articles tagged “tui group”

TUI Has Big Plans for Its Soon-to-Be Enlarged Tours and Activities Business

TUI Has Big Plans for Its Soon-to-Be Enlarged Tours and Activities Business

Patrick Whyte, Skift

Connecting up such a diverse, offline industry like tours and activities is not going to be easy, but the reward for a company like TUI is massive.

2 months ago

TUI Is Buying a Destination Services Business From Hotelbeds for $136 Million

TUI Is Buying a Destination Services Business From Hotelbeds for $136 Million

Patrick Whyte, Skift

TUI is using some of the cash it amassed from selling companies such as Hotelbeds to buy a business from ... Hotelbeds. Maybe its taken a bit of time for the management to realize that tours and activities are strategic and a potential growth area.

3 months ago

TUI Group Is Quietly Joining the Cruise Heavyweights

TUI Group Is Quietly Joining the Cruise Heavyweights

Patrick Whyte, Skift

TUI Group is slowly building up quite a formidable cruise operation. How long before it starts to consider buying out joint venture partner Royal Caribbean?

3 months ago

TUI Group Wants a Bigger Slice of the Tours and Activities Market

TUI Group Wants a Bigger Slice of the Tours and Activities Market

Patrick Whyte, Skift

With TUI accumulating so much customer data, it makes sense to deploy that knowledge to its transfers, and tours and activities business. The sector is still fragmented and a player with deep pockets like TUI should be able to make inroads.

4 months ago

Gender Diversity Is Still Massively Lacking in Travel and Hospitality

Gender Diversity Is Still Massively Lacking in Travel and Hospitality

Patrick Whyte, Skift

Laws have been changed to supposedly eliminate gender bias but the problem at senior levels still persists. Companies first need to admit they have a problem, then they can do something about it. Perhaps there should be greater consideration of quotas.

5 months ago

European Tour Operators Still Worry a Lot About January Bookings — Here’s Why

European Tour Operators Still Worry a Lot About January Bookings — Here’s Why

Patrick Whyte, Skift

Common wisdom among tour operators has always been that to have a good year, you needed to have a good January, and it is still no different. While the reasons for booking holidays early might hark back to the pre-Internet era, the consumer pattern hasn't changed very much.

5 months 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.

6 months ago

TUI Group Plans Cheaper Vacations to Cope With Brexit Slowdown

TUI Group Plans Cheaper Vacations to Cope With Brexit Slowdown

Richard Weiss, Bloomberg

The Brexit warning signs are starting to stack up. Consumer confidence is falling, which will likely hit vacation sales down the line. Brits might not give up their two weeks in the sun but they will want something cheaper.

6 months ago

6 Blockchain Takeaways From Tour Operator TUI’s Hotel Initiative

6 Blockchain Takeaways From Tour Operator TUI’s Hotel Initiative

Patrick Whyte, Skift

TUI's chief executive is nailing his colors to the mast when it comes to blockchain and its benefits for the travel industry. In theory the technology is great — and TUI has already identified an effective way to use it — but will the hype be justified?

10 months ago

TUI Spurns Air Berlin’s Cry for Help After Airline Files for Insolvency

TUI Spurns Air Berlin’s Cry for Help After Airline Files for Insolvency

Christopher Jasper, Bloomberg

TUI's German arm is wise not to bid for Air Berlin's assets. It would be a distraction beyond the tour operator's core competency and objectives.

10 months ago

Tour Operator CEOs Say Turkey Is Coming Back to Take the Strain Off Spain

Tour Operator CEOs Say Turkey Is Coming Back to Take the Strain Off Spain

Patrick Whyte, Skift

Tour operators have longed for Turkey and, to a lesser extent, Egypt and Tunisia to return to their previous popularity. All of these destinations offer better value to consumers than Spain, which is at close-to-full capacity and more expensive. Their return is also good news for the people who rely on tourism for a living.

10 months ago

Air Berlin Files for Bankruptcy as Etihad Pulls Funding

Air Berlin Files for Bankruptcy as Etihad Pulls Funding

David Rising, Associated Press

Given Air Berlin's recent struggles it was seemingly only a matter of time before it collapsed. The likes of Lufthansa and TUI Group will see this as an ideal opportunity to reimagine the German aviation market, which in recent years has suffered from chronic overcapacity.

10 months ago