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TUI Travel

TUI Group to Cut 8,000 Jobs as Stocks Plummet Farther

2020-05-13 by Phil Butler

TUI Group logo

TUI Group has announced cutting 8,000 jobs in an effort to reduce costs amid the coronavirus crisis, even as stocks plummet farther.

Tags: Carnival, COVID-19, EasyJet, Fritz Joussen, tour companies, tourism, tourism industry, travel destinations, TUI, TUI AG/ADR, TUI Group, TUI shares, TUI stocks, TUI Travel

TUI Temporarily Quits Operations Over COVID-19 Pandemic

2020-03-16 by Phil Butler

TUI Family Life

TUI has temporarily suspended most of its travel operations due to the Covid-19 pandemic. Company spokespersons say the move is a “compliance” and “industry adjustment” move. The news comes as the whole industry is in a state of shock as to “next moves.” TUI is on a shortlist of companies investing gurus say may be […]

Tags: Bloomberg, COVID-19, COVID-19 cancellations, COVID-19 Italy, pandemic, tourism, travel agencies, travel agents, travel industry, travel stocks, TUI, TUI Group, TUI stocks, TUI Travel, Wall Street, world travel

UK Family Outraged Over TUI Downgrade on Crete

2019-07-27 by Phil Butler

UK travelers to Crete are outraged at TUI for room-description muck-ups and downgrades.

Tags: Elounda Breeze Hotel, Elounda hotels, Elounda resort, TUI Crete, TUI Family Life, TUI Family Life Elounda Breeze Hotel, TUI offers, TUI Sucks, TUI Travel, TUI Tweets, TUI Twitter, TUI UK, Twitter complaints

Are Thomas Cook and TUI Putting the Squeeze on Greek Hoteliers?

2019-05-27 by Phil Butler

British tour operator Thomas Cook has asked Greek hoteliers to renegotiate their package deals downward even more for summer 2019

Tags: all-inclusive holidays, Greek hoteliers, Greek tours, thomas cook, Thomas Cook vacations, travel agencies, travel agents, travel companies, TUI, TUI Travel

TUI Group Thinking Positive Amid Loss

2017-02-14 by Aleksandr Shatskih

© TUI GROUP

In news from TUI Group, the company reports good financials for the start of 2017, with some loss from 2016. According to TUI, underlying EBITA rose by 17 per cent to a loss of €66.7 million in the period from October to December 2016, which was an improvement over the previous year.

Tags: Fritz Joussen, TUI Group, TUI Travel

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