52 Week Range
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Tui Partners With Nezasa On Digital Tours Platform
UK's CMA Warns Package Travel Firms Over Refunds Ahead Of Summer Trips
TUI Issues Convertible Bonds For 400 Million Euro
TUI AG is a Germany-based integrated tourism group. It operates through the following segments: Hotels & Resorts, Cruises, Destination Experiences, Markets & Airlines, divided into Northern Region, Central Region and Western Region, and All other segments. The Hotels & Resorts segment comprises all group-owned hotels and hotel shareholdings. The Cruises segment consists of Hapag-Lloyd Cruises, Marella Cruises and the joint venture TUI Cruises. The Destination Experiences segment comprises delivering services in the destinations. The Northern Region comprises the Group's tour operators and airlines in the United Kingdom, Ireland, the Nordics, Canada and Russia. The Central Region comprises tour operators and airlines in Germany and tour operators in Austria, Poland and Switzerland. The Western Region segment comprises tour operators in Belgium, the Netherlands and France. All other segments comprises business operations for new markets and central corporate and tourism functions.
Independent Chairman of the Supervisory Board
Chairman of the Executive Board, Chief Executive Officer, Chairman of the Executive Committee
First Deputy Chairman of the Supervisory Board, Employee Representative
Peter J. Long
Second Deputy Chairman of the Supervisory Board
Chief Financial Officer, Member of the Executive Board
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TUI, the world's biggest holiday company which has taken on huge state loans to help it survive the pandemic, said on Wednesday it continued to consider options for raising new finance but had not made any decisions yet.
TUI Group , the world's biggest holiday group, said on Wednesday it was still looking at all possible refinancing scenarios and that additional financing measures had not yet been decided on.
Germans are booking holidays again at rates higher than in 2019 before the coronavirus hit, TUI Group , the world's biggest holiday group, said on Wednesday.
Holiday company TUI Group on Thursday said it has agreed to sell its 49% stake in Spain's RIU Hotels SA to co-owner RIU-Group in a deal giving the joint venture an enterprise value of 1.5 billion euros ($1.8 billion).
Holiday company TUI Group expects a strong 2021 summer season and will operate 75% of pre-pandemic capacity, with rising levels of vaccinations set to fuel last-minute bookings, it said on Wednesday.
The mailbox of a well-known hotel in the heart of Lisbon was bombarded with queries as soon as Britain announced it was including the country on its travel "green list" this summer.
The boss of holiday company TUI said that bookings to Portugal from Britain skyrocketed after the southern European country was put on England's 'green list' for quarantine-free travel, and it was adding capacity to meet demand.
TUI Group, the world's biggest holiday company, said it was expecting a strong 2021 holiday season and stuck to a plan to operate 75% of its pre-pandemic capacity, as rising vaccination levels mean Europe will open for travel this summer.
Britain will allow international travel to resume from May 17 after months of banning most trips abroad, but nearly all major destinations were left off its list of countries open for quarantine-free holidays.
Holiday company TUI launched a 20 pound ($28) testing package for its UK customers on Thursday, as Britain prepares to allow travel again from May 17 but with strict testing requirements.
GREY SKIES. Tui’s holiday forecast looks increasingly cloudy. Shares in the 5 billion euro package tour operator fell 6% on Friday after it announced plans to issue a 350 million euro convertible bond. The company’s opportunism in cashing in on sun-starved investor optimism...
Holiday company TUI AG said on Friday it was raising up to 400 million euros through an issuance of convertible bonds, to improve its liquidity and help pay down debt taken on to survive the pandemic.
Holiday company TUI AG said on Friday it was raising 350 million euros ($416.33 million) through an issuance of convertible bonds, after having been bailed out thrice by the German government over the past year.
TUI touched the brakes on its summer holiday plans, lowering its capacity for July onwards to 75% of 2019's level from the previous level of 80%, as Europe's peak travel season hangs in the balance.
Holiday company TUI said it would shut 48 retail stores across Britain, adding to the 166 it has already closed there during the pandemic.
TUI Group, the world's biggest holiday company, needs a summer recovery to relieve pressure on its strained finances and is banking on vaccinated Britons going abroad in the peak months despite tightening travel restrictions.
TUI Group the world's biggest holiday company, sunk to a 699 million euros ($844 million) loss in its first quarter, but said it had cut costs to limit the impact of another period hit by lockdowns and travel restrictions.
Shareholders in TUI Group, the world's biggest holiday company, on Tuesday approved a capital restructuring that includes a capital increase to pay down new debt taken on to help it survive the coronavirus pandemic.
TUI Group, the world's biggest holiday company, is considering all options including disposals and a capital raise to pay down new debt taken on to help it survive the pandemic which pushed it to a 3 billion euro ($3.6 billion) annual loss.
TUI secured a third bailout on Wednesday, striking a deal with the German government, private investors and banks for an extra 1.8 billion euros ($2.2 billion) as the world's largest holiday company tries to ride out the coronavirus-linked travel slump.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.