Articles tagged “tui”

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.

7 days 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.

4 weeks 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.

1 month 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.

7 months ago

New EasyJet CEO Is Making a Big Push Into Vacations and Loyalty

New EasyJet CEO Is Making a Big Push Into Vacations and Loyalty

Kaye Wiggins, Bloomberg

Given Johan Lundgren's experience working at tour operator TUI, it's no surprise to see him make a move into vacations. Up until fairly recently it was an untapped area for low-cost airlines, but many have now woken up to the financial benefits of packaging up flights and hotels.

8 months ago

Mr and Mrs Smith Joins Tours and Activities Rush With SideStory Acquisition

Mr and Mrs Smith Joins Tours and Activities Rush With SideStory Acquisition

Patrick Whyte, Skift

Trips, experiences, tours, activities – you call them what you like, travel brands want a bigger piece of the sector. For plenty of companies, it's no longer just about the flight or hotel.

9 months ago

TUI Is Buying a Destination Services Business From Hotelbeds for $136 Million

TUI Is Buying a Destination Services Business From Hotelbeds for $136 Million

Patrick Whyte, Skift

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.

10 months ago

TUI Is Relying on Its Blockchain to Help Boost Profits

TUI Is Relying on Its Blockchain to Help Boost Profits

Patrick Whyte, Skift

TUI seems to have found a good use case for blockchain technology, and the implied cost savings would help boost profits. But could TUI achieve the same result with an alternative?

11 months ago

Spain Overtakes a Struggling U.S. as World’s Second Favorite Tourist Destination

Spain Overtakes a Struggling U.S. as World’s Second Favorite Tourist Destination

Patrick Whyte, Skift

Despite facing plenty of challenges, Spain saw a healthy growth in international tourists in 2017. But this year is likely to be tougher because of Barcelona's troubles and with places like Turkey regaining some of their popularity.

1 year 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.

1 year ago

Spain Attacks Won’t Adversely Impact European Travel Market, Says TUI CEO

Spain Attacks Won’t Adversely Impact European Travel Market, Says TUI CEO

Christopher Jasper, Bloomberg

Tragedies happen and people keep on traveling because — as an IAC/Expedia official put it soon after 9/11 — without travel there is no life. TUI and other tour operators are optimistic about their forecasts.

1 year ago

Spanish Tourism Is a Lot Bigger Than Barcelona and Will Bounce Back Soon

Spanish Tourism Is a Lot Bigger Than Barcelona and Will Bounce Back Soon

Thomas Seal, Christopher Jasper and Richard Weiss, Bloomberg

Human beings are adaptable animals and traveler behavior — for better or worse — may be shifting toward getting somewhat used to attacks in Europe, and proceeding with trips anyway especially when the attacks may impact particular cities rather than entire countries.

1 year ago