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Tui Group chief open to further ships; believes Europe could overtake the US's cruise penetration

Destinations
Jennifer Morris
9 May 2018

Tui Group’s chief executive has not ruled out adding additional ships to its cruise brands, citing a belief that Europe could overtake the US in terms of cruise penetration.

‘Consumer paradise’

Fritz Joussen was speaking after the release of the group’s half-year results, in which the group revealed it would be adding a third Hapag-Lloyd vessel.

Hapag-Lloyd Cruises will shortly launch the planning and negotiation process for a further Hanseatic class ship, planned for delivery in 2021.

Asked about further ships for the group, Joussen said: “I wouldn’t exclude it. It’s something we are looking at but it needs to be rational and within the guidance of our investment promise to the financial market.”

Joussen said he saw the cruise market "only growing" in the next five-seven years.