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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, each of which owns a 50% stake in the company.
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 ...
TUI Group is selling Hapag-Lloyd Cruises to its joint venture with Royal Caribbean Cruises in a deal worth $1.3 billion (€1.2 billion). The headline figure is the enterprise value with a net ...
In March 2015, Royal Caribbean International announced that they had agreed to sell Splendour of the Seas to TUI Cruises in the second quarter of 2016, and that TUI would lease the ship to Thomson Cruises to replace the Island Escape. [6]
Royal Caribbean International (RCI), formerly Royal Caribbean Cruise Line (RCCL), is a cruise line founded in 1968 in Norway and organized as a wholly owned subsidiary of Royal Caribbean Group since 1997. Based in Miami, Florida, it is the largest cruise line by revenue and second largest by passenger counts. In 2018, Royal Caribbean ...
Celebrity Cruises, which is owned by RCI's parent company Royal Caribbean Group, will introduce a 140,600 GT Edge-class ships in 2025, [156] and TUI Cruises, a joint venture between Royal Caribbean Group and TUI Group, are introducing a new class of 161,000 GT cruise ships in 2024 and 2026. [157]
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