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TUI Cruises is a cruise line based in Germany. It was formed in 2007 as a joint venture between the German tourism company TUI AG and the American cruise line operator Royal Caribbean Group , both of whom hold a 50% stake in the company.
TUI AG (trading as TUI Group) is a German multinational leisure, travel and tourism company; it is the largest such company in the world. [2] [3] TUI is an acronym for Touristik Union International ("Tourism Union International"). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism.
Royal Caribbean Group was formed as Royal Caribbean Cruises Ltd. in 1997 when Royal Caribbean Cruise Line purchased Celebrity Cruises.The decision was made to keep the two cruise line brands separate following the merger; as a result Royal Caribbean Cruise Line was re-branded Royal Caribbean International and Royal Caribbean Cruises Ltd. was established as the new parent company of both Royal ...
The merged line adopted the orange and blue funnel and new logo still used on these ships today. The new lines first purpose built ship was the Europa, built in 1981. [1] Hapag-Lloyd Kreuzfahrten operated as a subsidiary of Hapag-Lloyd AG in 2008. In 2008, TUI AG integrated Hapag-Lloyd Kreuzfahrten. It was renamed Hapag-Lloyd Cruises in 2016.
As of 2021, the cruise industry was estimated to be around US$ 23.8 billion with 13.9 million passengers per year. The following is a list of the largest cruise lines with over 1,000 passengers per year and their market share by passengers and revenue as of 2021 according to Cruise Market Watch.
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Migrant passenger ship working as part-time cruise ship 1958–73. Full-time cruise ship 1974–77. Scrapped following a fire, 1980. Fairstar: Sitmar Cruises: 1964: 21,619: Migrant passenger ship working as part-time cruise ship 1964–74, then full-time cruising. Allocated to P&O Australia fleet in 1988. Ended operation in 1997 and scrapped ...
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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