TUI Upbeat: UK and Cruises Continue to Perform Well

By ,   September 29, 2016 ,   Cruise Industry

The Anglo-German tour operator TUI AG said its cruise operations, as well as UK source market continued to perform well. The company highlighted 4 points that drive good performance of these activities.

  1. Sustained strong performance by the United Kingdom, with bookings and revenue up 5%.
  2. Continued strong trading by the TUI Cruises line, following in July the launch of Mein Schiff 5. Sales for Mein Schiff 6 (launching Summer 2017) also going well.
  3. Further modernisation of Thomson Cruises fleet, with successful launch of TUI Discovery (June) and additional ship for Summer 2017 (TUI Discovery 2).
  4. Modernisation and expansion of Hapag-Lloyd Cruises expedition offering: 2 new vessels scheduled to launch in Spring and Autumn 2019.

TUI AG owns Hapag-Lloyd Cruises and Thomson Cruises in full and has a 50% stake in TUI Cruises.