TUI Group will acquire the destination-management business of HotelBeds Group for 110 million euros (about $135 million). The deal would bring with it Intercruises Shoreside & Ports Services, which ...
Hotelbeds Group has announced the sale of its destination management division to Tui as a continuation of its strategic focus on its bedbank core. TUI will acquire for an enterprise value of €110 ...
TUI Group recorded turnover growth of 16.4 per cent, to €4.94 billion, for the third quarter of financial 2017. This is up from a figure of €4.24 billion for the same period last year. Including ...
LONDON (Reuters) - TUI Group (TUIT.L), the world's largest tour operator, said it was confident of increasing earnings by more than 10 percent this year, as holidays to the Canary Islands and Cyprus ...
With TUI accumulating so much customer data, it makes sense to deploy that knowledge to its transfers, and tours and activities business. The sector is still fragmented and a player with deep pockets ...
TUI Group has signed a strategic agreement with the Sultanate of Oman’s Tourism Development Company OMRAN Group. The long-term partnership aims to position Oman as a leading sun-and-beach destination.
Africa’s hotel boom is real thanks to growing demand for alternatives to overtourism, and TUI’s expansion signals confidence. But the long-term test will be whether TUI can convert pipeline optimism ...
TUI Group has reported its first fiscal third-quarter profit since the Covid-19 pandemic, supported by strong demand and high prices in a European peak holiday season that has since been marked by ...