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Tour Operators
TUI was doing "the connected trip" before Booking.com was born. But it needs to fine-tune its pricing and flexibility to stay competitive.
Selene Brophy | 12 months ago
Online Travel
Connecting people with host experiences unique to the destinations they visit fits snugly into the Airbnb brand. But the scalability of these experiences is in doubt and the strategy for moving ahead has not been publicly communicated.
Selene Brophy | 1 year ago
TUI's ability to move beyond its safe middle-market playground through an expanded luxury offering came under the spotlight at the Skift Future of Lodging Forum. Ultimately, a brand's market share is way more than customer segments — it's really rooted in experience and value.
News Blog
TUI is closer to settling the substantial financial aid it received from German authorities during the pandemic. TUI chief financial officer Mathias Kiep said the company made an important step back to profitability by launching its intended $1.9 billion capital raise in a LinkedIn post on Friday, 24 March. "On the back of our strong operational recovery and following…
The promise of a "connected trip" has become like the buffering wheel on a lagging digital screen. But a soft launch of a new TUI Tours platform could be one to watch in the push for flexible, frictionless travel booking.
Implementing responsible tourism policies requires constant regulation, something Intrepid knows all too well. The company has just audited its 140-plus wildlife tours to maintain its ethical practice standards.
Early bookings for the summer period ahead are picking up, with $4 billion in first-quarter revenues giving the TUI executive team confidence in its so-called dynamic product strategy to recover market share in some markets and grow it significantly in others.
Luxury
Despite the recessions in many European countries, demand for luxury travel this winter is higher than it was in the corresponding 2019 period before the pandemic, TUI says. Strong revenue might help TUI attract a new shareholder, which it's looking for.
Klaus Lauer and Rachel More, Reuters | 1 year ago
Top-level leadership changes at Tour operator TUI continue as the German-headquartered firm confirmed the appointed a new Chief Information Officer, Pieter Jordaan. Jordaan, a South African, has been with the company for eight years and has worked on the modernization of TUI's IT infrastructure and cloud strategy. Jordaan's role became effective January 1. He will…
While the substantial assistance TUI received from German authorities helped the tour operator remain afloat during the pandemic, getting all that aid definitely didn't come cheap for the world's largest tour operator.
Ludwig Burger, Reuters | 1 year ago
