Switzerland

TUI buys cruise holidays portal

TUI is expanding in Switzerland with the takeover of Cruisetour, the country’s leading cruise sales agent, in its latest cruise sector investment. more

 

Leisure airline insolvency

German tour operators seek replacement flights after Niki grounding

German tour operators and airlines are urgently working on alternative flight plans after leisure airline Niki dramatically declared insolvency last night and stopped all flights as of today, leaving 40,000 passengers stranded abroad. The collapse came after Lufthansa pulled out of a takeover deal due to European Commission objections. more

 

2016/17 results

TUI profits from hotels and cruises but Germany takes a hit

Strong results from hotels and cruises, lower profits in Germany and a good start to winter 2017/18 bookings were the key points of TUI Group’s annual results. more

 
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