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Articles tagged “tui group”

Tour Operators

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Mordashov's resignation from the TUI Group supervisory board has to be a tremendous relief to the world's largest tour operator, which can now in large part get on with its business. However, there is a substantial hangover: With his shares frozen, Mordashov still remains TUI Group's largest shareholder.

Dennis Schaal | 2 years ago

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Tour Operators

TUI Group’s Largest Shareholder Hit With European Union Sanctions

How will TUI Group respond to the European Union's sanctions against the tour operator's largest shareholder? The issue goes beyond any potential financial fallout and becomes one of corporate responsibility and the integrity of the TUI Group brand.

Dennis Schaal | 2 years ago

TUI Group’s Largest Shareholder Hit With European Union Sanctions

Tour Operators

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem

Does TUI Group really want to be associated with a Russian oligarch who sits on its strategy committee and who is close to and allied with Putin during Russia's invasion of Ukraine? That sort of publicity could hammer the company's reputation and its customers won't take the news well.

Dennis Schaal | 2 years ago

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem

Tour Operators

TUI to Finance an Ambitious Hotel and Cruise Ship Expansion

This doesn't seem like an auspicious moment to build up to six new cruise ships. But, weighed down in debt, TUI claims to have investors willing to finance hotels and ships.

Miranda Murray, Reuters | 2 years ago

TUI to Finance an Ambitious Hotel and Cruise Ship Expansion

Online Travel

TUI Gets More Digital in Aspiring for Reinvention

Travelers in many parts of the world are used to the online booking of build-your-own vacation packages, and others prefer to walk into a travel agency to plan. After many years, TUI is trying to embrace digital trends, and is modestly executing on a plan to get more online.

Dennis Schaal | 2 years ago

TUI Gets More Digital in Aspiring for Reinvention

Business Travel

TUI Is Pitching Remote Work Holidays as the Next Employee Benefit

Like a hotel guest who dips a toe into the pool before diving in, TUI is gauging interest for a new kind of package. Its global network and brand familiarity will work in its favor, but the prices less so.

Matthew Parsons | 3 years ago

TUI Is Pitching Remote Work Holidays as the Next Employee Benefit

Business Travel

TUI Eyes Recovery as Germans Finally Start Booking Their Summer Holidays

This is the moment TUI has been waiting for — a decisive swing back to holiday bookings and positive cashflow.

Sarah Young, Reuters | 3 years ago

TUI Eyes Recovery as Germans Finally Start Booking Their Summer Holidays

Business Travel

TUI Pins Hopes on Portugal for Now for Summer Holiday Bookings

Scaling up its tours and activities Musement business with its new online agent partners could help the travel giant recover from repeated blows to its core package holiday business.

Matthew Parsons, Skift | 3 years ago

TUI Pins Hopes on Portugal for Now for Summer Holiday Bookings

Coronavirus

TUI Cruises Wants to Raise $360 Million Bond to Fund Cruising’s Return

TUI Cruises long-term prospects are likely good, but it's the timing of the reopening that will be the trickiest and costliest detail to navigate in the coming months.

Abhinav Ramnarayan and Yoruk Bahceli, Reuters | 3 years ago

TUI Cruises Wants to Raise $360 Million Bond to Fund Cruising’s Return

Business Travel

TUI Places Hopes on Vaccinated UK Travelers to Drive a Summer Recovery

TUI managed to keep some hotels open last year, and while they weren't exactly full, it will have learned lessons operating during Covid which could help it snap back quicker than most.

Matthew Parsons, Skift | 3 years ago

TUI Places Hopes on Vaccinated UK Travelers to Drive a Summer Recovery