Tag: Tour Operators & Tourism Industry
Tui Blue: Up to 300 more hotels planned
Frankfurt The travel group Tui is still struggling with the consequences of the pandemic – for example on the debt side. However, the management does not want to let this…
Shareholders will probably agree to the radical capital cut
Frankfurt The plan is radical: On Tuesday, the shareholders of the travel group Tui, which was hit by the pandemic, will meet. The most important item on the agenda of…
Former Tui boss Friedrich Joussen is helping Ralph Dommermuth to set up the network
Friedrich Joussen, former CEO of Tui AG The mobile veteran helps with a tricky project. (Photo: imago images/localpic) Hamburg After his resignation as CEO of Tui AG in September, Friedrich…
Previous conviction for fraud catches up with boss Ralph Schiller
FTI CEO Ralph Schiller The manager rose to FTI boss in 2021. Just months earlier, a court had sentenced him to seven months in prison for fraud. (Photo: dpa) Cologne…
Previous conviction for fraud catches up with boss Ralph Schiller
Cologne The investigators came in civilian clothes, but the operation was too big to go unnoticed. A dozen vehicles drove up to the Munich headquarters of the travel group FTI,…
Thailand’s economy hopes for rescue from China
Bangkok Xiamen Airlines flight MF833 brings 269 passengers to the Thai capital Bangkok – and the hope for an end to the tourism crisis that has been going on for…
When it comes to the restructuring of the travel group FTI, the state only has the choice between two bad solutions
tour operator The Rewe subsidiary DER Touristik wants to take over FTI. (Photo: IMAGO/Michael Gstettenbauer) Dusseldorf Rewe’s takeover bid for the financially troubled holiday operator FTI puts the German state…
DER Touristik wants to take over rival FTI
Logo of the tour operator FTI The Munich FTI Group is the third largest tour operator in Europe. The company has billions in debt. (Photo: dpa) Dusseldorf The second largest…
Last minute is becoming obsolete for vacationers
Frankfurt, Dusseldorf German holidaymakers who rely on last-minute bargains this year are likely to be disappointed. The reason for this is a new business model for tour operators, which has…
Brussels makes Airbnb & Co. deputy sheriff
Dusseldorf The EU has identified a problem that costs member states billions a year: VAT evasion on short-term rentals. EU Economic Commissioner Paolo Gentiloni estimates the total revenue that the…
Israel waiting for tourists after pandemic
The Church of the Nativity Before Christmas, the congregation erects a large Christmas tree in front of the church. (Photo: Reuters) Bethlehem Elias Arja is standing in the lobby of…
Tui is making a profit again for the first time since the pandemic
Tui major shareholder Alexei Mordashov The Russian oligarch is threatened with a massive dilution of his shares. (Photo: IMAGO/ITAR-TASS) Frankfurt The Tui tourism group is benefiting from the continuing desire…
Tui is making a profit again for the first time since the pandemic
Tui holiday plane For the 2023 financial year, which has been running since October, the group expects a strong increase in sales and a significantly higher operating profit. (Photo: IMAGO/NurPhoto)…
Tui reports strong travel demand – more and more holidaymakers are booking all-inclusive
Berlin On Wednesday, the Tui travel group will present its figures for the financial year that ended in September and venture an outlook. There is much to suggest that this…
Tui challenges Booking and Expedia
Frankfurt The new head of the Tui travel group is launching an attack on travel platforms such as Booking, Getyourguide and Expedia. Sebastian Ebel’s plan: He wants to expand the…
Tui challenges Booking and Co
Frankfurt The new head of the Tui travel group is launching an attack on travel platforms such as Booking, Getyourguide and Expedia. Sebastian Ebel’s plan: He wants to expand the…
“People want to travel further” – Airbnb boss rules out layoffs
new York Travel platform Airbnb does not expect to be affected by the tech market downturn. “Of course, the economic environment is weakening at the moment. But two things remain…
Opening up tourism could boost other stocks
Tourists in Japan “Positive for consumption and the yen.” (Photo: IMAGO/AFLO) Tokyo Japan’s stocks are already among the global topper shapers. While the Dow Jones index has fallen by a…
Is a long holiday in the south worth it now?
Home office on vacation It must be the dream of many: spend the winter in the warm south and do your job from there. But you should calculate carefully beforehand.…
Is a long holiday in the south worth it now?
Home office on vacation It must be the dream of many: spend the winter in the warm south and do your job from there. But you should calculate carefully beforehand.…