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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.
TUI planned to build two 2,500-passenger, 100,000-GT cruise ships in 2011 and 2012. [5] [6] TUI cruises first ship Mein Schiff. On May 27, 2010, it was announced that another Century-class ship, Celebrity Mercury, would become the latest addition to TUI's fleet, renamed Mein Schiff 2. Due to this Mein Schiff was immediately renamed Mein Schiff 1.
In May 2015, TUI Group announced that as part of their modernization strategy, TUI Cruises' Mein Schiff 1 and Mein Schiff 2 would be transferred to Thomson Cruises over the next few years. [ 7 ] In October 2015, the Island Cruise brand was discontinued after the sole ship Island Escape completed her last scheduled cruise with Thomson Cruises .
An unrelenting appetite for travel has increased profits for Europe’s biggest holiday company, Tui. The Anglo-German firm made €1.3bn (£1.07bn) in the full year to the end of September 2024 ...
The holiday company reported an annual group loss of 2.47bn euros (£2.1bn), against losses of 3.15bn euros (£2.7bn) the previous year.
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.
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 ...
It is a subsidiary of TUI UK, itself a subsidiary of TUI Group, and its holidays are sold solely online. It also operates own brand hotels. First Choice Holidays previously traded as a subsidiary of First Choice Group plc until its merger with TUI Travel plc in 2007. The company was then revived as a brand in 2011 under the TUI Group brand ...
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