- Underlying EBITA CAGR is expected to grow by at least 10 per cent over next three years1
- Profitable top line growth of at least 3 per cent per annum over next three years
- Focus on TUI master brand / Rebranding to be launched in the Netherlands from the autumn of 2015
- Digitisation: Entry into new markets with innovative IT – first pilot successfully started in Spain
- Growth drivers Hotels & Resorts to be expanded / Hotel brands to be streamlined with hotel brand TUI Blue
- Cruises on a successful path – Fleet to be successively expanded in the next few years
- Other businesses: Hotelbeds Group and Specialist Group to be run independently from Tourism
- Setting tomorrow’s travel trends as an integrated provider
Hanover/London, 13 May 2015.
Nearly five months after the successful merger between TUI AG and TUI Travel PLC, the TUI Group presented an update about the integration and the Group’s strategy. In the framework of a Capital Markets Day held in London, the Executive Board of the TUI Group presented clear strategic milestones to be achieved by 2018, aimed at increasing the efficiency and agility of the Group and accelerating its profitable growth. The Group is aiming to grow faster than the market. Fritz Joussen and Peter Long, Joint CEOs of the TUI Group: “The integration process is ahead of our original plan. The strategy we have presented will help us strengthen TUI as the world’s leading tourism group. We are in an excellent position: We do not just act as travel agents; TUI actually owns more than 300 hotels, cruises and an aircraft fleet of around 140 planes. This differentiates us from our competition. We will therefore be able to shape market entry into new destinations ourselves, setting travel trends for the future.” TUI has created a new, flat organisational structure introduced a mid-term strategic agenda to investors.