Tui AG (TUIT.L)
Wed, Mar 28 2018
FRANKFURT/BERLIN Europe's largest tourism group TUI has expanded its business offering excursions and activities to holidaymakers by buying part of Spanish hotel room specialist Hotelbeds Group, aiming to take advantage of a growing market.
* Part of strategy to offer more personalised products (Adds comments from CEO)
FRANKFURT, March 28 Europe's largest tour operator TUI said on Wednesday it was buying Spanish hotel room specialist Hotelbeds Group's destination services business for 110 million euros ($136.27 million) in cash.
* BIRGIT CONIX HAS BEEN APPOINTED AS A MEMBER OF COMPANY'S EXECUTIVE BOARD (WITH EFFECT FROM 15 JULY 2018 Source text for Eikon: Further company coverage:
* Shares rise 2 pct, top FTSE gainer (Recasts, adds more comments on Turkey)
BERLIN, Feb 13 Travel group TUI wants to move more towards owning its planes, rather than leasing them, after it strengthened its balance sheet, the group's CEO said on Tuesday.
BERLIN, Feb 13 European travel group TUI said summer trading was very good with bookings for Greece, Turkey and Cyprus all growing strongly.
FRANKFURT, Jan 20 European tourism group TUI expects record earnings this year as sales of package holidays pick up and customers opt for more expensive trips, its Chief Executive told a newspaper.