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Travel & Tourism industry news by Greek Travel Pages (gtp)

Lower Spain Margins, Boeing 737 MAX Issue Take Toll on TUI Group H1 Results

Airline overcapacity for Spain and the grounding of 15 Boeing 737 MAX airplanes appear to have taken a toll on TUI Group’s first half results.

German Tourists Will Choose Greece for 2019 Holidays

The German demand for holiday trips to Greece is expected to continue in 2019, following two years of increase in arrivals from Germany to the country.

Extraordinary Hot Summer Hurts TUI’s Earnings

The unusually long and hot summer in Northern Europe in 2018 was said to be among the main reasons for a decline in the earnings of TUI Group.

TUI Hotels and Cruise Segments Drive Growth in 2018

TUI Group has presented double-digit earnings growth in 2018 - for the fourth consecutive year - driven by the strong performance of its hotels and cruise products.

TUI Sees Summer 2018 Bookings Rise Despite Heatwave

TUI Group is seeing its current 2018 booking levels ahead of prior year despite prolonged hot summer, according to the company's CEO Fritz Joussen.

TUI Group Taking Active Steps Towards Sustainable Travel

With over 20 million “greener and fairer” holidays delivered over the last three years, TUI Group is setting ambitious goals for the future.

Lira Tumble a Bonus to Turkish Tourism, a Setback for Greece

Tourism flows to Turkey have begun to soar, as authorities expect over 40 million travelers this year, while sector insiders expect this trend to impact Greece as a destination.

TUI Increases Turnover to €6.81b in H1, Sees Strong Growth in Bookings for Greece

Strong demand for holiday experiences and cruises have boosted TUI Group’s first half (H1) turnover by 7.2 percent to 6.81 billion euros.

TUI Brings ‘Hotelbeds’ Onboard to Boost Leisure Options

TUI Group is expanding its leisure and personalized offerings by adding Spanish hotel room specialist Hotelbeds Group to its roster.

Analysts See Robust Year for Greece, Turkey Ahead of ITB Berlin Expo

Analysts are seeing positive signs for tourism in Greece and Turkey ahead of the 52nd ITB trade show set to kick off in Berlin on March 7.

TUI Group’s Positive Q1 Results Set Pace for 2018

TUI Group has announced a good start to financial year 2018 with bookings for Greece, Turkey and Cyprus paving the way for a strong summer ahead.

TUI Begins Fleet Renewal, Receives First Boeing 737 MAX 8

TUI recently took delivery of its first new-generation Boeing 737 MAX 8 aircraft, proceeding with the modernisation of its Europe-wide aircraft fleet.

TUI Group’s Year Going Great, Aiming for 10% Growth by 2020

TUI increased turnover by 8.1 percent to 18.5 billion euros in the year ending September 2017 and EBITA by 12 percent to 1.12 billion euros.

TUI Invests in Greece: 10 New Hotels and More Cruise Ship Visits

Travel giant TUI plans to expand its presence in Greece by opening 10 new upscale hotels and adding more visits from its cruise ships to Greek ports.

Fully-booked Spain May Bolster Greece Tourism

Higher prices and over crowding in Spain are expected to boost tourism to cheaper destinations including Greece.

TUI Reports Strong Q3 Performance, Expects Good Year

TUI Group recorded turnover growth of 16.41 percent to €4.94 billion with EBITA climbing 18.7 percent to €191.0 million in the Q3 2016/17 period.

Low Demand in Turkey Diverts Interest to the Mediterranean for TUI

Low demand for holidays to Turkey and North Africa was offset by growing interest for Mediterranean destinations such as Spain and Greece, TUI Group said.

TUI Group Turnover Up by 1.4%, Aiming Higher

TUI Group recorded improved turnover in the 2015/16 financial year by 1.4 percent at 17.76 billion euros.

WTM London 2016 Closes on a High

Tourism ministers, bloggers and party goers turned the final day of the revamped three-day World Travel Market (WTM) London, the event where the travel and tourism industry conducts its business deals, into a festival of business and fun.

TUI Group Raises Stakes for Sustainable Travel Practices

As part of its social responsibility strategy, Tui Group said it plans to cut the carbon impact of its operations by an additional 10 percent by 2020.
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