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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 ]
First Choice Holidays Limited [2] (trading as First Choice) is a British online travel agency and tour operator, headquartered in Luton, England. 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.
Thomson Travel Group plc was a business formed by the Thomson Corporation of Canada, when it was floated on the London Stock Exchange in 1998. It was acquired by Preussag AG, an industrial and transport conglomerate, in 2000. The group continued until 2002 when it was renamed TUI Northern Europe Limited, a full subsidiary of TUI AG.
LONDON -- In my opinion, travel operator TUI Travel -- whose established brands include Thomson and First Choice -- provides great investment potential through robust earnings growth and rising ...
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TUI announced a merger of its travel division with the British tour operator First Choice in March 2007, [10] which was approved by the European Commission on 4 June 2007, on the condition that the merged company sell Budget Travel in Ireland. [11] TUI held a 55% stake in the new company, TUI Travel PLC, which began operations in September 2007 ...
High street shops concentrated on package holidays, specialized offices were structured to serve the needs of business and industry. This business model was highly successful throughout the 1970s and 1980s. By the end of the 1980s, Lunn Poly had over 500 shops, and by the mid-1990s it was the largest travel agency in the UK.
TRAVEL DEALS: In the January sales, a slew of travel operators dropped holiday packages to rock-bottom prices. Tui’s last-minute deal appeared to be one of the best out there so Sarah Rodrigues ...
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