Articles tagged “tui”

TUI is using some of the cash it amassed from selling companies such as Hotelbeds to buy a business from ... Hotelbeds. Maybe its taken a bit of time for the management to realize that tours and activities are strategic and a potential growth area.

TUI seems to have found a good use case for blockchain technology, and the implied cost savings would help boost profits. But could TUI achieve the same result with an alternative?

Despite facing plenty of challenges, Spain saw a healthy growth in international tourists in 2017. But this year is likely to be tougher because of Barcelona's troubles and with places like Turkey regaining some of their popularity.

With the summer travel season in many parts of the world winding down, so is TripAdvisor's TV spend but let's see if it is starting to be a difference-maker. Meanwhile, new IHG CEO Keith Barr is conducting his first financial results call at the helm. Let's see how he does.

Blockchain is essentially a large immutable database which, due to its security features and decentralized nature, can pose a threat to traditional intermediaries. Companies are looking to expand blockchain to tackle the current travel distribution landscape.

The Internet has more information about destinations than any traveler could possibly need. Do consumers really need tour operators to have retail stores? It seems unnecessary, but travelers in some markets still like the model.

TUI was already a client of peakwork so it can obviously see the potential in a company that can help speed up the search process.

The TUI Group auctioned off LateRooms.com to Cox & Kings, which probably got a very good deal on the under-performing asset.

Slow-decision making and legacy thinking has hurt TUI over the years, and now it's trying to right the ship by adding cruise ships and hotels.

Some of the weaker online travel agencies in Europe and Asia are getting squeezed out. Sabre sold LastMinute.com to Bravofly Rumbo Group for next to nothing, and TUI Group gave up on AsiaRooms.com in the face of stiff competition.