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The company was based appropriately in Sun Street, EC2 in the City of London. [citation needed] It specialised in short tours to European cities and wine regions, and low-cost package holidays which included accommodation, full or half-board and air transport by charter flight from the UK to the holiday destination.
Researchers assessed the prices of 5,590 package holidays from Jet2holidays, Tui and easyJet Holidays in January 2025 to calculate the average price of a seven-night holiday for two, ...
The group began operating package holidays and launched its own in-house charter airline, in the early 1980s. [2] It offered their first charter flights to the Caribbean in 1987 for just £299. [3] In 1994, Airtours purchased Scandinavian Leisure Group and in 1996 it bought Simon Spies Holding, a Danish rival. [4]
The company was co-founded by Vladimir Raitz and Lenny Koven on 12 October 1949. [2] The company organised the first mass package holidays abroad with charter flights between Gatwick airport and Corsica in 1950, and organized the first package holiday to Palma in 1952, Lourdes in 1953, and the Costa Brava and Sardinia in 1954.
Transport can be via automobile, bus, or charter airline and may also include travel between areas as part of the holiday. Package holidays are a form of product bundling. Package holidays are organised by a tour operators and sold to consumers by a travel agents. Some travel agents are employees of tour operators, while others are independent.
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.
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