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TUI TRAVEL INDIA
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
Threat of another lost summer stirs cash-crunch fears for airlinesA second summer lost to the coronavirus crisis would likely trigger a spate of airline failures and bankruptcy filings, alongside a repeat ...
How holiday packages are replacing traditional gifting ideas as season's favouritesIf gifting of holidays was rare and reserved for life’s milestones and special occasions in the past, it is slowly becoming a trend during ...
Travel companies beef up online presence for wider customer reachThe shift from offline to digital platforms has taken places across industries, and travel and tourism is no exception.
Peter Kerkar's travel company Cox & Kings buys UK hotel booking portal LateRoomsCox & Kings has acquired British hotel booking portal LateRooms.com from German rival TUI Group for £8.5 million, or about Rs 84 crore.
Cox & Kings acquires LateRooms from TUI Group for Rs 85 croreThe group plans to drive synergies from LateRooms’ association with its short break packaged holiday specialist in the UK, SuperBreak Mini-...
Germany’s TUI acquires local travel company Le PassageRussian billionaire Alexei Mordashov-backed TUI, Germany's leading travel group, has taken controlling share of Le Passage to India.
Booking from small cities like Mathura, Muzaffarpur, Ludhiana driving luxury travel boomClub 7 Holidays has created ‘Box Holidays’ packages, which includes cruise and several exotic destinations, especially for the small market...
IPL: Travel companies witnessing a spike in demand for travel to UAEIn the past one week, the call centre of tour operator TUI India has seen a huge number of enquiries related to IPL packages.
Lucknow, not London: Rupee, inflation keep Indian travellers homeIndians have sharply curtail their travel, preferring the tried, tested and relatively cheap to the adventurous, exotic and outrageously ex...
Emirates Holidays ties up with Indian companyEmirates Holidays has joined hands with an Indian tour operator to promote its wide range of holiday options among Indian travellers.
Emirates Holidays inks MoU with TUI India, Le Passage to IndiaWhile TUI India is a 50:50 joint partnership between Le Passage to India and TUI Travel PLC, Emirates Holidays is the tour-operating arm of...
Social media helping travel companies to get numerous dealsTUI, leads through social media for its India arm have risen from nil about two years ago to about 20% now, managing director Arjun Sharma ...
- TUI Travel India partners with ICC for World Twenty20 2012
TUI Travel India has been appointed as the official travel agent in India for ICC World Twenty 20 2012 in Sri Lanka.
- Entrepreneurial skills at Le Passage to India
No prizes for guessing how Arjun Sharma has made a dent in both inbound travel and retail. With cucumber cool demeanour and deadpan logic, ...
- Travel companies hop on for joy ride in boom time
With the travel business in India growing at over 30% in the past two years, almost all large and medium players are in the process of cons...
- Sonata buys 50% in German co for euro 18 mn
Bangalore-based IT company Sonata Software has acquired a majority stake in the German firm TUI Info Tec. Sonata has acquired 50.1% in the ...
- Sonata to acquire stake in Hanover co
Sonata has signed an agreement with TUI AG in an all cash deal for 18 million euros.
- Desi travel industry goes on M&A jaunt
Kuoni India, one of the biggest travel companies in India, has acquired a Delhi-based destinations management company, Distant Frontiers, w...