The TUI Group is an integrated tourism group that brings together tour operators, travel agencies, airlines, cruise ships and a portfolio of 300 hotels through its hotel branch Tui Hotels & Resorts. Specialized in resorts, it is one of the world's leading operators.
Key figures
The group entered the tourism market in the 1970s with the acquisition of stakes in various hotel chains (Iberotel, RIU, Grecotels), after having evolved as an industrial company since its foundation in Germany in 1923 under the name Preussag AG. Withdrawing from steel and turning towards tourism, the company made a number of major acquisitions from the late 1990s, notably Hapag-Lloyd, Thomson, Fritidsresort and Nouvelles Frontières.
Renamed TUI AG in 2002, the group began a process of restructuring from a conglomerate to a purely tourism and logistics company. It merged with its British tourism subsidiary First Choice Holiday in 2007 and gave birth to the Travel PLC division, which merged 7 years later with the parent company to form the TUI Group.
Today, the group operates numerous tour operators as well as 1,800 travel agencies, 6 airlines, 3 cruise lines and more than 300 hotels. TUI Hotels & Resorts operates 7 brands, mainly on the mid- and upscale segments (Tui Blue, Tui Magic Life, Robinson, Riu Hotels & Resorts, Tui Sensatori, Tui Sensimar, and Tui Family Life) and 11 partner brands including Dorfhotel, Grupotel, Iberotel and Atlantica. Present in about thirty countries, it has a total capacity of 97,739 rooms and ranks 16th hotel operator in the world.