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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 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]
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 Group has agreed to sell its French scheduled carrier Corsair to a German airline investor for an undisclosed sum. The German tourism giant has been looking to offload the airline for years as ...
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.
A merger in 2014 between TUI Travel PLC and TUI AG led to the creation of the TUI Group. TUI Travel A&D changed its name to Hotelbeds Group and subsequently to Hotelbeds. [3] Hotelbeds was acquired by Cinven and CPPIB in 2016, [4] [5] [6] In 2017, Tourico Holidays and GTA Travel were purchased and integrated in 2018. [7]
Dieter Zetsche (German pronunciation: [ˌdiːtɐ ˈtsɛtʃə]; born 5 May 1953) is a German engineer and business executive.He serves as the chairman of TUI AG.Zetsche was the chairman of the board of management at Daimler AG and the head of Mercedes-Benz until 22 May 2019, a position he held since 2006.
TUI fly Deutschland, [1] formerly TUIfly, is a German leisure airline owned by the travel and tourism company TUI Group. It is headquartered at Hannover Airport [ 2 ] with bases at several other German airports.