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.
TUI Travel
TUI Thompson Finalizes Aphrodite Hills Offering
In a deal signed yesterday, TUI has captured one of Cyprus’ premier properties, the Sensatori Resort Aphrodite Hills near Paphos.
TUI Travel PLC Announces Possible Merger
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.
TUI Thomson Adds MyThomson Excursion 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.
TUI & ITS To Stay in Romania
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.