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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 Rhett Butler

© 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

Tui – All Set to Merge

2014-09-16 by Delia Gavrilescu

Tui Travel banner

News yesterday from Fritz Joussen, CEO of the travel company Tui, reveals the Hannover, Germany company and its British subsidiary TUI Travel PLC moving forward to a proposed merger to form the world’s biggest tourism entity. With some 74 000 Employees and a market capitalization of over €6,5 Billion Euros, TUI will dwarf the competition.

Tags: mergers, travel companies, TUI, TUI Travel

TUI Thompson Finalizes Aphrodite Hills Offering

2014-08-05 by Rhett Butler

Courtesy Aphrodite Hills Resort, Cyprus

In a deal signed yesterday, TUI has captured one of Cyprus’ premier properties, the Sensatori Resort Aphrodite Hills near Paphos.

Tags: Aphrodite HIlls, Cyprus hotels, Cyprus resorts, travel deals, TUI, TUI Sensatori, TUI Travel

TUI Travel PLC Announces Possible Merger

2013-01-16 by Mike Wheatley

Tui Travel banner

TUI Travel PLC, one of the largest tour operators in Europe, has just made an official statement regarding recent speculation over a proposed merger that would see it join forces with parent company TUI AG.

Tags: merger, tech merger, travel merger, TUI, TUI Travel

TUI Thomson Adds MyThomson Excursion App

2012-09-09 by Phil Butler

MyThomson Excursions App

Have you tried the new app from TUI? Thomson launched their MyThomson smartphone app for free download last Friday without too much fanfare, but discount vouchers and a wealth of info on destination excursions should have brought out more party poppers. Let’s take a look at the app.

Tags: Apple, iOS, iPhone apps, mobile apps, mobile booking, mobile travel, MyThomson, new apps, Stay.com, Thomson, travel apps, travel excursions, travel tools, TUI Thomson, TUI Travel

TUI & ITS To Stay in Romania

2012-08-28 by Liliana Steffens

Lake Galbenu in Romania © xalanx

Good news for Romania tourism, leading tour operators TUI and ITS have decided not to withdraw from the market there for the coming year. According to the news, the Romanian Ministry of Tourism and Regional Development’s (MDRT’s) recent talks with the German companies ended in success apparently.

Tags: Cristian Barhalescu, Europe tours, ITS, MDRT, Romania travel, Romanian tourism, travel agents, travel companies, TUI, TUI Travel

Hotelbeds Drives Revenue – Gets Rebrand

2011-11-07 by Delia Gavrilescu

TUI Offices

TUI Travel’s Hotelbeds wholesaler platform says sales may increase by as much as 25 percent this year. Expansion plans for the Americas and Asia were also announced as one of TUI’s most successful arms flexes its muscles.

Tags: Hotelbeds, online hotels, OTA's, TUI Hotelbeds, TUI News, TUI rooms, TUI Travel

TUI Travel to Promote Montenegro in England

2011-09-28 by Liliana Steffens

montenegro beach

TUI Travel told the media today, at a press conference in Budva, that the company is planning on promoting Montenegro more in England.

Tags: travel to montenegro, TUI Travel, UNESCO World Heritage, Visit Montenegro

TUI Acquires Underwater Magic Life Assets

2011-05-26 by Delia Gavrilescu

Club Magic Life Waterworld Imperial - Turkey

TUI Travel PLC just announced today their reaching an agreement with TUI AG and subsidiary Magic Life to acquire six companies Magic Life leases and manages through.

Tags: Egypt travel, Magic Life, mergers, restructuring, Spain, travel acquisitions, travel companies, TUI, TUI profits, TUI stocks, TUI Travel, Tunis, Tunisia travel, Turkey, Turkey Travel

Egypt Launches Initiative to Boost Tourism

2011-04-03 by Mike Wheatley

Egyptian tourism chiefs are desperate for tourists to come back

Egypt yesterday announced plans to roll out a travel recovery plan in the tourism-dependent country, following the political upheaval over the last couple of months which saw President Hosni Mubarak removed from power and tourists desert the nation in their droves.

Tags: EasyJet, Egypt, Egyptian government, Hosni Mubarak, north african, Sharm El-Sheikh, travel recovery plan, TUI Travel

TUI Travel Gains Confidence and Russian Investment

2011-02-02 by Phil Butler

Alexei Mordashov

Russian billionaire steel tycoon Alexei Mordashov has increased his stake in German tourism group TUI. Mordashov raised his stake to above 20 percent from just above 15%. The transaction was made via his S-Group holding company. In TUI’s latest corporate documents, it is clear the company intends massive expansion into the Russian Federation.

Tags: Alexei Mordashov, Dr Michael Frenzel, Europe travel, free visas, OTA, Russia tourism, Russia travel, Russian Federation travel, tourism, travel, travel agents, travel business, travel investment, TUI, TUI CIS, TUI profits, TUI Russia, TUI stocks, TUI Travel

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