TUI AG

Publish Time:2014-06-27 08:00:00Source:WTCF

【Introduction】:TUI AG is Europe’s leading travel group. The three sectors TUI Travel (tour operating, online sales, high street outlets, airlines and incoming agencies), TUI Hotels & Resorts and the cruise ship business form the World of TUI.

TUI AG is Europe’s leading travel group. The three sectors TUI Travel (tour operating, online sales, high street outlets, airlines and incoming agencies), TUI Hotels & Resorts and the cruise ship business form the World of TUI. TUI AG holds, in addition, a financial investment in the container shipping company Hapag-Lloyd.

Sectors

TUI Travel

TUI Travel was created in 2007 by the merger of TUI Group’ s retail section, tour operating business, airlines and incoming activities merged with the British company First Choice Holidays PLC. The new company is listed at the London Stock Exchange. TUI AG has a majority shareholding in the new company, which is represented in 30 source markets around the globe and handling more than 30 million customers. TUI Travel offers a wide range of leisure travel experience, from package tours to special niche products.

TUI Hotels&Resorts

TUI Hotels & Resorts, the largest holiday hotel company in Europe, is responsible for managing all of the World of TUI hotel subsidiaries. The TUI AG Group has 248 hotels and 157,000 beds in approx. 24 countries around the world and portfolio includes such famous hotel brands as Robinson, Riu, Grecotel, Grupotel, Iberotel and Dorfhotel. The hotels of the various brands are situated at premium attractive holiday regions, and offer guests a diverse range of hotel concepts with the highest levels of service, quality and environmental standards.

Cruises

Hapag-Lloyd Cruises is the leading operator of expedition and luxury cruises in the German-speaking countries. The fleet includes the cruise liners MS Europa (5star+*), MS Hanseatic (5-star*), MS Bremen (4-star+*) and MS Columbus 2 (4-star*) and MS Europa 2.

In the financial year 2008, the way for the entry into the German volume market for premium cruises was paved by the formation of the company TUI Cruises. This joint venture between Royal Caribbean Cruises Ltd and TUI AG began operations in spring 2009 with the liner “ Mein Schiff” (which translates as “ My Ship” ). The second was commissioned in May 2011 and is named “ Mein Schiff 2” . Further growth is now signalled by the subsequent expansion of the fleet with two brandnew vessels. "Mein Schiff 3" will be launched in May 2014, with sister ship "Mein Schiff 4" following one year later.

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