Clear
0 Selected+
Filters
Air
Luxury
Regulation
Operators
Agencies
City and finance
Destinations
Skills
Cruise
Technology

Hello! You are viewing your 1 free guest article this week


Join now for free, immediate and unlimited access to our award-winning online content. Find out more...

Join us
Already a member? Log in here

News

05 Jan 2015

BY Edward Robertson

Share
TRFBLI

Tui rebrands global bedbank

Tui headquarters

Tui’s global-reaching bedbank has been renamed following the pre-Christmas merger of Tui Travel and Tui AG.

 

Following the deal, Tui Travel Accommodation & Destinations will now be known as the Hotelbeds Group.

 

The newly formed group includes Tui’s main bedbank Hotelbeds and is in recognition of the brand’s commercial significance. Other brands include Destination Services, Laterooms.com and Intercruises.

 

Tui’s recent results show that the group saw a 10% increase in sales for the year ending September 30 with a Total Transaction value (TTV) of €4,048 million. A 13% increase in Ebitda was recorded over the same period to €132 million.

 

Following the creation of the Tui Group there are now mainstream and non-mainstream sectors with Hotelbeds Group being one of the latter.

Add New Comment
Please sign in to comment.
Show me more
TTG Media Limited.
Place of registration: England and Wales.
Company number 08723341.
Registered address: New Bridge Street House, 30-34 New Bridge Street, London EC4V 6BJ
Scroll To Top