Articles tagged “tui group”

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.

6 days 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.

1 month 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.

1 month 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?

5 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.

5 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.

5 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.

5 months ago

TUI Group CEO Downplays Overtourism Threat

TUI Group CEO Downplays Overtourism Threat

Patrick Whyte, Skift

While TUI's CEO is right to point out the macro benefits of tourism in Spain, the company ignores the myriad of local issues in places such as Barcelona and Majorca that are turning locals against mass tourism. It is a self-interested issue to address for virtually the entire travel industry.

5 months ago

Thomas Cook To Let Guests Choose Their Own Rooms as Operator Accelerates Hotel Improvements

Thomas Cook To Let Guests Choose Their Own Rooms as Operator Accelerates Hotel Improvements

Patrick Whyte, Skift

Under CEO Peter Fankhauser, Thomas Cook has quietly managed to turn itself around. The situation this year has undoubtedly been aided by an improving geopolitical climate but a more focussed, higher-quality product offering has also helped.

6 months ago

Video: TUI’s CMO on Growing an Established Brand in a Fragmented Market

Video: TUI’s CMO on Growing an Established Brand in a Fragmented Market

Patrick Whyte, Skift

TUI Group has a big job on its hands during its move away from country-specific brands, but the prize is a substantial one. If it manages to create a global superbrand it will make it much easier to expand into new areas and markets.

8 months ago

Adventure Travel Firm Intrepid Group Says It’s Stronger After TUI Breakup

Adventure Travel Firm Intrepid Group Says It’s Stronger After TUI Breakup

Raini Hamdi, Skift

After kissing TUI goodbye, Intrepid Group has a new adventure -- to be a company with $1 billion in revenue. With experiential travel being the buzzword, and having incorporated lessons from TUI into the company, it may achieve the goal sooner than five years.

8 months ago

Skift Forum Europe: TUI Group’s CMO on Benefits of a Single-Brand Strategy

Skift Forum Europe: TUI Group’s CMO on Benefits of a Single-Brand Strategy

Skift, Patrick Whyte

TUI's move to do away with national brands and operate under one name has drawn some criticism. The decision to axe the likes of Arke and Thomson was a big one, but it will have paid off if the company can continue to grow in established markets like The Netherlands and UK as well as in new destinations.

10 months ago