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Tui Group sets sights on global expansion

Technology
Jennifer Morris
14 February 2017

Tui Group has announced its intention to expand into new source markets including countries in southern Europe (Spain and Italy) and Southeast Asia, China and India.

‘Consumer paradise’

In a conference call following the release of its financial results for the first quarter, Tui Group’s chief executive, Fritz Joussen, said that while the group has been transforming from predominantly a tour operator to a “vertically integrated business” it has been considering which markets it could enter afresh.

Frank Rosenberger will be tasked with managing the process, after being appointed Tui Group’s head of strategy in October 2015 from Vodafone.