TUI

TUI continues cost-saving program, looks to summer recovery
News / Distribution
TUI continues cost-saving program, looks to summer recovery
By Linda Fox | February 9, 2021
The tour operation giant confirmed its third financial package of €1.8 billion, which will help the business bridge liquidity to the summer months. Read More
travel-to-nowhare-cruise-air
News / Online
Will “trips to nowhere” become a short-term solution for travel-hungry consumers?
By Mitra Sorrells | August 6, 2020
Several airlines in Asia and cruise lines in Europe are offering trips that start and end from the same point, with no stops in between. Read More
Booking.com gets product from TUI's Musement to bolster activities strategy
News / Online
Booking.com gets product from TUI's Musement to bolster activities strategy
By Kevin May | June 8, 2020
The agreement with Musement-owner TUI is the first third-party agreement by Booking.com to secure inventory and also a signal of the tour operating giant's intentions to expand its B2B operations in... Read More
TUI targeting 30% reduction in costs and staff post-coronavirus, aims to accelerate digitalization
News / Distribution
TUI targeting 30% reduction in costs and staff post-coronavirus, aims to accelerate digitalization
By Linda Fox | May 13, 2020
TUI has slashed costs by 70% but is in talks with destinations such as Greece and Portugal for resumption of summer 2020 trips. Read More
tui-group-q1-2020
News / Distribution
TUI alters forecast for 2020, 737 MAX grounding bites but digital investment continues
By Linda Fox | February 11, 2020
The tour operator estimated earnings before interest and income tax of between €850 million and €1,050 billion for the full year ending December 2020. Read More
OYO acquires TUI's rental tour operating business
News / Online
OYO acquires TUI's rental tour operating business
By Kevin May | February 3, 2020
The move comes as part of a sale that began in December 2019 when Germany-based E-Domizil acquired Wolters Reisen from TUI Group for an undisclosed fee. Read More
My Method... How Musement amplified speed and conversion for mobile users
News / Technology
My Method... How Musement amplified speed and conversion for mobile users
By Fabio Zecchini - Musement | January 10, 2020
Tours and activities supplier Musement used Google AMP to speed up load times for mobile users and improve the conversion rate. Read More
TUI suffers 26% EBITA decline due to 737 MAX grounding
News / Technology
TUI suffers 26% EBITA decline due to 737 MAX grounding
By Steven Lerner | December 11, 2019
TUI’s underlying EBITA tumbled 26% year-over-year from €1,143 million to €893 million due to the grounding of the Boeing 737 MAX aircraft.   Read More
Thomas Cook collapses after investors pull the plug on survival package
News / Technology
Thomas Cook collapses after investors pull the plug on survival package
By Kevin May | September 22, 2019
Plenty of factors have led to the tour operating giant's demise, including its failure, at crucial times, to grasp the complexities of IT and the wider digital world. Read More
TUI eyes tours and activities opportunities, makes progress on digital platforms
News / Distribution
TUI eyes tours and activities opportunities, makes progress on digital platforms
By Linda Fox | August 16, 2019
TUI is not ruling out further acquisitions in the tours and activities space as it looks to grow its holiday experiences division further. Read More
Two-decade-old hotel website LateRooms faces financial collapse
News / Online
Two-decade-old hotel website LateRooms faces financial collapse
By Linda Fox | August 2, 2019
The LateRooms brand, which is part of the Malvern Group and is currently facing financial difficulties, has somewhat of a checkered back story. Read More
Getting out of the way of "innovation" in travel
News / Technology
Getting out of the way of "innovation" in travel
By Linda Fox | June 26, 2019
Amazon Web Services believes the travel industry is stuck in silos and an “old way of thinking about IT”, with disparate systems that don’t talk to each other. Read More
tours-activities-panel-email
News / Online
VIDEO: A maturing market for tours and activities
By Kevin May | June 26, 2019
Booking.com's entry into the tours and activities sector and TripAdvisor's likewise move to add a software company into its mix certainly caused a stir in 2018. Read More
VIDEO: TUI on thinking about experiences as part of the overall trip
News / Online
VIDEO: TUI on thinking about experiences as part of the overall trip
By Kevin May | March 26, 2019
With a string of acquisitions under its belt, one of Europe's biggest travel brands in the tours and activities sector has a lot going on. Read More
TUI-augmented-reality
News / Technology
TUI adds a touch of (augmented) reality to tours and activities
By Linda Fox | January 24, 2019
TUI Destination Experiences is experimenting with augmented reality on glasses to enable travelers to get more information on what they are seeing. Read More
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