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TUI Travel PLC · Crawley, West Sussex United Kingdom ·(London: TT)

Company Description

Crawley Business Quarter Fleming Way
Crawley, West Sussex
RH10 9QL
United Kingdom (Map)
Phone: +44-01293-645700
Fax: +44-01293-645704
Rankings
  • FTSE 100
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TUI Travel wants to be the first stop on a leisure traveler's journey. The company, which operates under multiple brands in more than 20 countries, provides worldwide tour and travel services through divisions devoted to mainstream, specialist, and activity holidays, as well as online distribution of hotel rooms and other services for travel businesses. TUI Travel maintains about 3,500 retail travel stores throughout Europe, plus a fleet of more than 150 aircraft. The company was formed in 2007 when Germany's TUI bought UK-based First Choice Holidays and combined the company with its own tourism arm under the TUI Travel name. TUI, also a major container shipping company, owns 51% of TUI Travel. To read the full description, subscribe now.

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Key TUI Travel PLC Financials

Company TypePublic - London: TT

Headquarters
Fiscal Year-EndSeptember
2008 Sales (mil.)$25,312.7
Employees50,001

TUI Travel PLC Executives

27 executives listed for TUI Travel PLC's Crawley, West Sussex location.
TitleName & BioContact
ChairmanMichael FrenzelNetwork
Deputy ChairmanMichael HodgkinsonNetwork
Chief Executive and Board MemberPeter LongNetwork

Competition

Competitive Landscape for TUI Travel PLC
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.
Top TUI Travel PLC Competitors
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