Articles tagged “tui”

Thomas Cook Tries to Stem the Bleeding After $1.9 Billion Loss

Thomas Cook Tries to Stem the Bleeding After $1.9 Billion Loss

Patrick Whyte, Skift

Announcing such a big loss is not a good look for any company, but Thomas Cook management will be hoping they've got all of the bad news out at once and use some breathing space to shore things up.

1 week ago

TUI Plans to Take On Local Online Booking Players With $1 Billion Revenue Goal

TUI Plans to Take On Local Online Booking Players With $1 Billion Revenue Goal

Patrick Whyte, Skift

TUI's global plans are ambitious and bring it into direct competition with strong local online players, but as the CEO said, it only needs a relatively small number of customers to fulfill its needs.

1 week ago

Why TUI Favors an Asset-Heavy Approach

Why TUI Favors an Asset-Heavy Approach

Patrick Whyte, Skift

TUI's ownership of all parts of the vacation journey makes it a formidable force in the industry. But the strategy doesn't come without its own risks.

2 months ago

TUI Takes $225 Million Hit From Boeing 737 Max Grounding

TUI Takes $225 Million Hit From Boeing 737 Max Grounding

Christopher Jasper , Bloomberg

The Max grounding was always going to have consequences for airlines and travel companies that had a big exposure to the aircraft. TUI, and others, will be hoping the delays don't last too long.

2 months ago

Lastminute.com Goes After TUI With Vacation Push

Lastminute.com Goes After TUI With Vacation Push

Patrick Whyte, Skift

While traditional tour operators might not offer the flexibility that Lastminute.com does with its package vacations, they do have an advantage in terms of exclusivity.

2 months ago

TUI Group Sells Its Only Non-Charter Airline

TUI Group Sells Its Only Non-Charter Airline

Patrick Whyte, Skift

TUI's charter airlines remain an essential part of the overall tourism business, but Corsair has never been a good fit. The German tourism giant has tried to sell the carrier before and has finally found a buyer.

2 months ago

How TUI and Rezdy Fit Into Ctrip’s Growth Strategy Outside China

How TUI and Rezdy Fit Into Ctrip’s Growth Strategy Outside China

Raini Hamdi, Skift

China slowdown? Meituan rivalry? Naaah, Ctrip had a fab 2018. Domestic travel remains strong, but it is international travel growth that’s exciting. Now we know what drives its latest partnerships with TUI’s Musement and Rezdy.

3 months ago

TUI and Thomas Cook Face Up to Bleak 2019

TUI and Thomas Cook Face Up to Bleak 2019

Patrick Whyte, Skift

Well, well, well, it's not just Thomas Cook that's struggling. TUI is feeling the pain as well, and given its size and power, it's fair to say the whole European tour operator market is now in a bad way.

4 months ago

Airline Group Turns to Blockchain to Bypass Entrenched Distribution Systems

Airline Group Turns to Blockchain to Bypass Entrenched Distribution Systems

Dennis Schaal, Skift

There have been several new technologies, from the New Distribution Capability to direct-connect, and blockchain, that have at times shown promise in easing the grip of the global distribution systems. For the last 20 years, the incumbent distributors have always managed to exert or shore up their roles.

4 months ago

What Went Wrong at Thomas Cook in 2018?

What Went Wrong at Thomas Cook in 2018?

Patrick Whyte, Skift

Thomas Cook might have been a victim of circumstance but it probably hasn't helped itself. It is caught between the asset-heavy approach of TUI and smaller, more nimble online rivals. It needs to get its house in order to ensure it doesn't keep repeating the same mistakes.

5 months ago

Truth, Fiction and the Pain Travel Companies Still Suffer From UK’s Brexit Chaos

Truth, Fiction and the Pain Travel Companies Still Suffer From UK’s Brexit Chaos

Patrick Whyte, Skift

Two and a half years after the Brexit vote, the UK is still sorting out its departure from the European Union. As the clock ticks down and the situation gets more serious, we should expect more horror stories in the coming months.

5 months ago

EasyJet’s Packaged Vacation Push Won’t Be a Sure Thing

EasyJet’s Packaged Vacation Push Won’t Be a Sure Thing

Patrick Whyte, Skift

How seriously is EasyJet going to take the packaged vacations market? More seriously than it did before for sure, but enough to compete with the plethora of tour operators and online travel agencies out there? At this stage it's hard to tell.

12 months ago