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Business Travel
TUI clearly thinks having an airline is crucial, but what about its big rival Thomas Cook?
Patrick Whyte, Skift | 5 years ago
It turns out TUI isn't immune to the challenges the rest of the European travel market is facing.
When someone with the scale of TUI gets serious about something, you know it's a big deal. Now that it has got the right technology, it should be an easy win for a company with such a massive customer base.
TUI seems to have mitigated the potential damage from a challenging operating environment. It will be interesting to see how it sustains its growth over the coming years.
Travel companies and those destinations that rely on UK tourists may want as little as possible to change after Brexit. The problem is that the ultimate decision is out of their hands.
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.
Dan Peltier, Skift | 6 years ago
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.
Patrick Whyte, Skift | 6 years ago
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.
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.
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.
