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It was founded in Mallorca, Spain, and was 49% owned by TUI and run by the third generation of the family. The Riu family retook full ownership of the company in May 2021. [4] The company's business is focused on the holiday hotel sector and over 70% of its establishments offer an all-inclusive service.
TUI Airways has its origins in several rival airlines. Euravia (later renamed Britannia Airways in December 1964 [6]) was founded in January 1962. [7] Orion Airways, founded in 1979 by Horizon Holidays and later owned by the large brewing firm Bass Brewery and InterContinental Hotels Group, was sold and merged with Britannia Airways in 1989 but retained the Britannia name.
TUI Travel PLC was a British leisure travel group headquartered in Crawley, West Sussex. The company was formed on 3 September 2007 by the merger of First Choice Holidays PLC and the Tourism Division of TUI AG , which owned 56.4% of it. [ 2 ]
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A partial government shutdown could cost the U.S. travel industry $1 billion per week and lead to widespread disruptions for travelers, a trade group representing airlines, hot… Reuters 14 days ago
To help you narrow down your list (or discover something new), Business Insider asked travel planners about the more under-the-radar destinations their clients are asking about for 2025. Here's ...
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