TUI AG

From Wikipedia, the free encyclopedia

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 €19,619 million (2005)
Employees 62,947 (2005)
Website www.tui-group.com

TUI AG (Touristik Union International) (ISIN: DE000TUAG000) is a German based company. 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 agents, 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 highly profitable shipping sector.

Some data of TUI:

  • approx. 3,500 travel agencies
  • 79 tour operator 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

Contents

[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)
The TUI logo
The TUI logo
  • 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
Thomsonfly
Corsairfly
Jetairfly
Arkefly		 Hapag-Lloyd Container Line
CP Ships
Hapag-Lloyd Cruise Line

[edit] Tourism subsidiaries

[edit] Airlines

TUI headquarters in Hanover
TUI headquarters in Hanover

On 29th January 2008, plans were announced to merge low-cost airline operations of Deutsche Lufthansa AG and TUI Travel PLC (Germanwings, Eurowings, TUIfly) into a joint and independent holding company.[1]

[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
      • TUI Poland
    • Switzerland
      • TUI Suisse
  • TUI Northern Europe
    • Denmark
      • Sportsrejser
      • StarTour
      • TEMA
    • Finland
      • Finnmatkat
      • TEMA
    • United Kingdom
    • Ireland
      • Specialist Holiday Group
      • JWT Holidays
      • Falcon Holidays
    • Norway
      • Sportreiser
      • StarTour
      • TEMA
    • Sweden
      • Fritidsresor
      • Sportresor
      • TEMA
      • TUI Nordic
  • TUI Western Europe
    • France
      • Nouvelles Frontières
      • TUI France
      • JV
      • Touraventure
    • Belgium
      • Jetair
      • TUI Belgium
    • Netherlands
      • Arke
      • De Boer & Wendel
      • Discovery
      • Group & Incentive Travel
      • Holland International
      • Isropa Reizen
      • KRAS Reizen
      • Panta Reizen
      • TUI Nederland
      • Zeetours Cruises
  • Asia
    • India
      • Le Passage to India [2]
      • Select vacations
  • Future markets
    • China
      • TUI China
    • Russia
      • TUI Mostravel Russia

[edit] Hotel brands

  • Atlantica Hotels
  • Dorfhotel
  • Gran Resort Hotels
  • Grecotel
  • Grupotel
  • Iberotel
  • MAGIC LIFE
  • RIU Hotels (50%)
  • ROBINSON Club
  • Jaz Hotels
  • Sol y Mar

[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
      • TUI ReiseCenter
    • Poland
      • TUI CentrumPodrózy
      • Scan Holiday
    • Switzerland
      • TUI Suisse Retail
        • Imholz
        • Vögele Reisen
        • Häfliger-Reisen
  • TUI Northern Europe
    • Denmark
      • StarTour
    • Finland
      • Oy Finnmatkat
    • United Kingdom
    • Ireland
      • Falcon Holidays
      • JWT Holidays
    • Norway
      • StarTour Stjernereiser
    • Sweden
      • Fritidsresor Sverige
  • 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
    • Travco Group
  • Bulgaria
    • TUI Bulgaria
  • China
    • TUI China Travel
  • Dubai
    • Travco Dubai
  • Dominican Republic
    • TUI Dominicana
  • Greece
    • TUI Hellas Travel
  • Italy
    • Serenade Tours
  • Kenya
    • Pollman's Tours and Safaris
  • Croatia
    • Gulliver Travel
  • Lebanon
    • Aeolos Liban
  • Malta
    • TUI Malta
  • Morocco
    • Holidays Services
  • Mauritius
    • Summertimes
  • Mexico
    • Mex-Atlántica Tours
  • Namibia
    • ATC Namibia
  • Portugal
    • TUI Portugal
  • Romania
    • Danubius Travel
  • Spain
    • TUI España Turismo
  • Sri Lanka
    • Aitken Spence Travels
  • South Africa
    • ATC African Travel
  • Tanzania
    • Ranger Safaris
  • Tunisia
    • Tunisie Voyages
  • Turkey
    • Tantur Turizm (TUI Türkiye)
  • Cyprus
    • Aeolos Travel

[edit] Cruise lines

[edit] External links

[edit] References

  1. ^ Announcement of TUI AG [1]
v • d • e
Flag of Germany DAX companies of Germany