Stock Value
About TUI
TUI AG provides tourism services worldwide.
Segments
The company operates through Northern Region, Central Region, Western Region, Hotels and Resorts, Cruises, and Other Tourism segments.
The Northern Region segment comprises the tour operators and airlines in the U.K., Ireland and the Nordic countries and the stake in the tour operation business of the Canadian company, Sunwing, as well as the joint venture TUI Russia. This segment also includes the tour operators Crystal Ski and TUI Lakes & Mountains, which play a major role in securing the load factor for the company’s aircraft fleet in the U.K., primarily in winter. The hotel operator Blue Diamond Hotels & Resorts Inc., St Michael, Barbados, which had also been carried under this segment, was integrated into the Hotels & Resorts segment and is carried under that segment. Moreover, the U.K. cruise business Marella Cruises was transferred from the Northern Region segment to the Cruises segment in 2017.
The Central Region segment comprises the tour operators and airlines in Germany and tour operators in Austria, Poland and Switzerland.
The Western Region segment comprises the tour operators and airlines in Belgium and the Netherlands and tour operators in France.
The Hotels & Resorts segment comprises all company-owned hotels and hotel shareholdings of the company.
The Cruises segment consists of Hapag-Lloyd Cruises and the joint venture TUI Cruises, as well as the British cruise business Marella Cruises. This segment operates a fleet of 16 cruise ships under three cruise lines.
The Other Tourism segment comprises the French scheduled airline Corsair, the incoming agencies, and in particular, central tourism functions, such as the company’s aviation management and information technology.
Markets
Across three regions (Northern, Central and Western), the company uses its distribution and fulfilment power to serve 20 million customers. Destination Services, the company’s own incoming agency, provides fulfilment services to its customers, such as hotel transfers and also offers experiences in the destinations, such as excursions. The company’s hotel portfolio entails 380 hotels.
