TUI Group

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TUI Group - overview

Established

1923

Location

Hannover, -, Germany

Primary Industry

Travel & Leisure

About

TUI Asset Management Advisory specializes in integrated tourism services, focusing on leisure travel solutions. Their offerings encompass flight services, cruise operations, and accommodation options tailored to enhance traveler experiences. TUI Asset Management Advisory, founded in 1923, is headquartered in Hannover, Germany. The company provides comprehensive travel services, including a wide array of vacation packages.


The firm was established by founders Alessandro Petazzi, Howard Siegel, Jos Tuijn, Mahip Agarwal, and Shiraz Khaiser, indicating a strong leadership base. Currently, Artur Gerber, Claude Perignon, Dave Burling, and Fritz Joussen are among the executive team guiding TUI's strategic vision. TUI is known for its significant presence in the industry, offering various tourism services globally. TUI Group offers a comprehensive range of integrated tourism services, primarily targeting leisure travelers.


Their core product offerings include flight services, cruise operations, and accommodation options, providing a seamless travel experience. Customers can choose from over 180 hotels and resorts globally, 433 cruise ships, and a fleet of 130 aircraft, catering to various travel preferences and budgets. The TUI App serves as a digital platform for users to plan and manage their vacations, allowing for easy booking and access to tailored content. The company's service offerings are marketed across 21 distinct destinations, including popular holiday spots in Europe, the Caribbean, and Asia, effectively addressing the diverse needs of families, couples, and individual travelers seeking memorable experiences.


For the year 2023, TUI Group reported a revenue of USD 22,368. 66 mn, with an EBITDA of USD 2,009. 25 mn. The revenue generation is supported through a diversified structure primarily serving both direct consumers and business partners.


Consumers purchase vacation packages that bundle flights, accommodations, and cruise experiences, creating a streamlined transaction process that enhances customer satisfaction. The company engages in partnerships with local hotels and tour operators to facilitate exclusive deals and experiences for travelers, ensuring competitive positioning within the tourism sector.


Primary Industry

Travel & Leisure

Sub Industries

Travel & Tourism

Website

www.tuigroup.com

Total Amount Raised

Subscriber access only

TUI Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedBerge & Meer Touristik GmbH-
BuyoutCompletedBoomerang Reisen GmbH-

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