Articles tagged “tui group”

TUI Boosts Aircraft Order to Capitalize on Rivals’ Struggles

TUI Boosts Aircraft Order to Capitalize on Rivals’ Struggles

Benjamin Katz and Richard Weiss, Bloomberg

With airlines failing all across Europe, it makes sense for TUI Group to add to its order book.

6 days ago

TUI Group Buys Musement as Tours and Activities Sector Stays Hot for Deals

TUI Group Buys Musement as Tours and Activities Sector Stays Hot for Deals

Dan Peltier, Skift

The global heat map for tours and activities continues to burn bright this year as big players like TUI scoop up small players like Musement for back-end technology that will help them get more personalized products to travelers.

1 month ago

Tourism Giant TUI Group Bears Up Under European Heat and Maintains Sunny Outlook

Tourism Giant TUI Group Bears Up Under European Heat and Maintains Sunny Outlook

Patrick Whyte, Skift

Just like Ryanair in the airline industry, TUI's relative strength means that it is able to weather external factors much better than its rivals.

2 months ago

Mixed Fortunes for European Tour Operators as Summer Season Begins

Mixed Fortunes for European Tour Operators as Summer Season Begins

Patrick Whyte, Skift

Periods of prolonged hot weather can hurt tour operators with potential customers staying at home or booking a domestic trip instead. However, it shouldn't be used as an excuse to mask other problems within a business.

3 months ago

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.

5 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.

7 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?

7 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.

8 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.

9 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.

9 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.

10 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.

10 months ago