TUI AG  |
| Type | Aktiengesellschaft
(ISIN: DE000TUAG000) |
| Founded | 1923: creation of Preussag — 1968: creation of TUI — 1998 Acquisition of TUI by Preussag — 2002: Preussag AG rename to TUI AG |
| Headquarters | Hanover, Germany |
| Key people | Dr. Michael Frenzel, Rainer Feuerhake, Sebastian Ebel, Dr. Peter Engelen |
| Industry | Tourism industry & Shipping concern |
| Products | TUI, Thomson, Nouvelles Frontières, Arke, Jetair, First Choice, etc |
| Revenue | €21,866 million (2007) |
| Employees | 68,521 (2007) |
| Website | tui-group.com |
TUI AG (German: Touristik Union International) (ISIN: DE000TUAG000) is a German company headquartered in Hanover.[1] Until 2001 it was an industrial and transportation company named Preussag AG, which in the mid-1990s decided to reinvent itself as a tourism, shipping, and logistics company. It sold off many of its industrial concerns and purchased several major travel and transportation firms.
Today it is one of the world's largest tourist firms with interests across Europe. It owns travel agencies, hotels, airlines, cruise ships, retail stores, and container ships. Major subsidiaries include TUI AG Airlines, the largest holiday fleet in Europe. Its common brand TUIfly encompasses 7 airlines. TUI AG is also one of the world's largest shipping companies, having its logistics activities bundled within Hapag-Lloyd AG and concentrated on the shipping sector.
Some data of TUI:
- approx. 3,500 travel agencies
- 79 tour operators in 18 countries
- over 120 aircraft
- 37 incoming agencies in 31 countries
- 12 hotel brand in 28 countries with 285 hotels and around 163,000 beds
- 10 cruise liners
[edit] History
- 1968 creation of TUI (Touristik Union International) an association of the medium-sized companies Touropa, Scharnow-Reisen, Hummel Reise and Dr. Tigges
- 1970 airtours international and TransEuropa integrate to TUI; Creation of ROBINSON Club (with the group Steigenberger)
- from 1972 participation to different hotel brands (et al. Iberotel 1972, RIU 1977, Grecotels 1981)
- 1990 the name of the main tour operator is "TUI Schöne Ferien"
- 1995 Creation of TUI Nederland and TUI Austria
- 1996 Creation of TUI Suisse
- 1998 Acquisition of the group Preussag/Hapag-Lloyd and rename to Hapag Touristik Union (HTU)
- 2000 HTU was renamed to TUI Group
- 2001 TUI Group is now 100% subsidiary of Preussag AG
- 2002 Rename of Preussag AG to TUI AG
- from 2002 reorganisation from a mixed company to tourism company.
- 2004 The bank WestLB sell their participation (31,4%) from the TUI AG. New shareholders are Spanish investors (Family Riu, Grupo de Empresas Matutes, Caja de Ahorros del Mediterraneo).
- 2005 TUI sells subsidiary VTG AG to Compagnie Européenne de Wagons.
- 2005 The shipping activities are grouped under the Hapag-Lloyd. With the acquisition of CP Ships it becomes the fourth largest worldwide container shipping company.
- 2006 TUI AG sells business travel subsidiary TQ3 to BCD Holdings N.V.
- 2007 TUI AG tourism division merges with First Choice Holidays PLC to form TUI Travel PLC
[edit] Organisation
| TUI AG |
| TUI Central Europe | TUI Northern Europe | TUI Western Europe | TUI Hotels & Resorts | TUI Airlines | Shipping |
Germany
Austria
Switzerland
Poland
Russia
Federation of Bosnia and Herzegovina | United Kingdom
Ireland
Scandinavia | France
Belgium
Netherlands
Italy | RIU Hotels
ROBINSON Club
Grupotel
Grecotel
Iberotel
MAGIC LIFE | TUIfly
Thomson Airways(Thomsonfly/First Choice merger)
Corsairfly
Jetairfly
Arkefly
Jet4you | Hapag-Lloyd Container Line
CP Ships
Hapag-Lloyd Cruise Line |
[edit] Tourism subsidiaries
[edit] Airlines
TUI headquarters in Hanover
Main article:
TUI Airlines - Germany
- Austria
- United Kingdom
- Sweden
- France
- Belgium
- Netherlands
- Morocco
[edit] Tour operators
- TUI Central Europe
- Germany
- 1-2-FLY
- airtours international
- Berge & Meer Touristik
- Discount Travel
- FOX-Tours
- Gebeco
- L'TUR
- OFT-Reisen
- Touropa
- TUI Deutschland
- Wolters Reisen
- Austria
- Gulet Touropa Touristik
- TUI Austria
- Poland
- Switzerland
- TUI Northern Europe
- Denmark
- Sportsrejser
- StarTour
- TEMA
- Finland
- United Kingdom
- Ireland
- Norway
- Sportreiser
- StarTour
- TEMA
- Sweden
- Fritidsresor
- Sportresor
- TEMA
- TUI Nordic
- TUI Western Europe
- France
- Belgium
- Netherlands
- Arke
- De Boer & Wendel
- Discovery
- Group & Incentive Travel
- Holland International
- Isropa Reizen
- KRAS Reizen
- Panta Reizen
- TUI Nederland
- Zeetours Cruises
- Asia
- Future markets
- China
- Russia
- TUI Mostravel Russia (Recently Mostravel was aquinted by TUI AG)
[edit] Hotel brands
[edit] Travel agencies
- TUI Central Europe
- Germany
- TUI Leisure Travel
- TUI ReiseCenter
- FIRST Reisebüro
- Hapag-Lloyd Reisebüro
- Discount Travel
- TUI Travel Star
- Touristik Express
- TV Travel Shop Germany
- Austria
- Poland
- TUI CentrumPodrózy
- Scan Holiday
- Switzerland
- TUI Suisse Retail
- Imholz
- Vögele Reisen
- Häfliger-Reisen
- TUI Northern Europe
- Denmark
- Finland
- United Kingdom
- Ireland
- Norway
- Sweden
- TUI Western Europe
- France
- Nouvelles Frontières
- Havas Voyages
- Belgium
- Nouvelles Frontières Belgique
- Sunjets
- TUI Travel Center
- Netherlands
- Go Best
- World of TUI Reisbureau
- KRAS Reisbureau
[edit] Incoming agencies
- Egypt
- Bulgaria
- China
- Dubai
- Dominican Republic
- Greece
- India
- Italy
- Kenya
- Pollman's Tours and Safaris
- Croatia
- Lebanon
- Malta
- Morocco
- Mauritius
- Mexico
- Namibia
- Portugal
- Romania
- Spain
- Sri Lanka
- South Africa
- Tanzania
- Tunisia
- Turkey
- Tantur Turizm (TUI Türkiye)
- Cyprus
[edit] Cruise lines
[edit] Human Rights
The TUI AG has been criticised by human rights groups for helping to fund the Burmese regime. The company was added to the Burma Campaign UK's Dirty List in 2008 for directly or indirectly funding the Burmese regime.
[edit] References
- ^ "Contact TUI Group." TUI AG. Retrieved on 29 May 2009.
[edit] External links
