TUI Travel PLC operates as an international leisure travel group in the United Kingdom. Mainstream This Sector includes the sale of flights, accommodation, car hire, transfers and excursions, in addition to package holidays within the mainstream segment of the leisure travel marketplace. It comprises vertically integrated tour operators, such as Thomson, First Choice and TUI Deutschland, within 158 countries, which as of December 31, 2006, consisted of 155 aircraft and 3,594 retail shops across the U.K., Ireland and Continental Europe. Package holidays: This includes the sale of differentiated and exclusively available content, such as the Holiday Villages hotels and long-haul travel, in addition to more traditional package holidays. Component: This includes the sale of flights, accommodation, car hire, transfers and excursions, either as separate components or together as part of a customer assembled package holiday. The Central Europe division comprises the distribution and tour operator businesses in Germany, Switzerland, Austria and the Eastern European markets, as well as the operation of airlines. The Northern Europe division comprises the distribution and tour operation businesses in the UK, Ireland and the Nordic countries, as well as the following airlines: TUIfly Nordic, Thomsonfly and First Choice Airways. The Western Europe division comprises the distribution and tour operation businesses in France, the Netherlands and Belgium, as well as the following airlines: Corsairfly, Arkefly and Jetairfly, and a 40 per cent. stake in Jet4you.com. Specialist This Sector operates in three segments, Destination, Premium and Lifestages and comprises specialist brands, such as Marmara, Sovereign and StudentCity. The Destination segment comprises specialist brands across 11 source markets that have become market leaders to certain destinations out of the source markets in which they operate. The Premium segment consists of a portfolio of five brands, including Hayes & Jarvis, Sovereign, Citalia and Meon, and these specialize in premium leisure travel experiences, across a range of destinations in Europe, Asia and the Caribbean. The Lifestages segment consists of a portfolio of businesses, which focus on a particular customer demographic, such as the student travel and grey market travel segments of the leisure travel market. Activity This Sector comprises activity lifestyle travel companies and premium brands operating in three market segments, Marine, Adventure and Experiential, including Headwater, Sunsail, The Moorings, Exodus and Travcoa. The Marine division includes First Choice Marine, which operates the yacht chartering brands of Sunsail and The Moorings, in addition to Sunsail Clubs and Inland Waterways (Crown Blue Line and Connoisseur). The Adventure division consists of a portfolio of 17 adventure travel businesses, including First Choice Expedition Cruising, Exodus, Peregrine and Headwater. The Experiential segment consists of six brands, such as Travcoa and TCS, that operate specialist escorted tours offering cultural and luxury escorted travel experiences for the U.S. source market. Online Destination Services The Online Destination Services Sector consists of incoming agencies which provide services such as guest assistance, transfers, excursions and roundtrips to the Enlarged Group and third party tour operators and their clients. This Sector also sells accommodation online to both consumers and businesses and provides specialized services to cruise lines and the management of meetings and incentives activities for corporate clients. Joint Ventures On April 15, 2009, TUI Travel PLC has agreed to create a joint venture with S-Group Capital Management to expand and develop its presence in the CIS countries. As part of the agreement, the companies would buy 75% in certain assets of Russian tour operator VKO Group and 75% in Ukrainian travel agency Voyage Kiev. In addition, the joint venture signed a letter of intent to buy 75% in Mostravel, a Turkey and Egypt destination specialist.
tui travel plc (TT/:London)
TUI Travel House
Crawley Business Quarter
Crawley, RH10 9QL
Phone: 44 12 9364 5700
|Air France-KLM||€6.66 EUR||+0.156|
|Carnival PLC||2,246 GBp||+32.00|
|Deutsche Lufthansa AG||€11.69 EUR||+0.044|
|International Consolidated Airlines Group SA||361.40 GBp||+11.00|
|Thomas Cook Group PLC||110.10 GBp||-0.10|
|View Industry Companies|
Sponsored Financial Commentaries
To contact TUI TRAVEL PLC, please visit www.tuitravelplc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.