Travelopia is the new name for the umbrella group of 50 specialist brands, including Hayes & Jarvis, Exodus, Travelmood, Citalia and Jetsave.
Tui put Travelopia, which employs around 4,000 people, on the market in September with the intention of selling the business as a single entity.
The deal is potentially worth €500-600 million.
Chief executive Fritz Joussen told reporters today that Travelopia was attracting a lot of interest.
"We now have indicative offers in, and in the first-half of the financial year we will be hopefully closing the transaction," he said.
Tui’s first half runs until the end of March.
The renamed division is run by chief executive Will Waggott, with Martin Froggatt and Mathew Prior as managing directors.
