Speaking after the Germany-based firm announced its improved full-year financial results this morning, chief executive Fritz Joussen said that the business was “in the tendency of opening shops in the UK”.
Asked whether there would be any new-openings next year, he said: “I think we are gaining market share in the UK – we are a very direct business there.
“We sell 65% online and 92% direct overall.
“Yes we will be opening more retail in the UK, in a selective process, which actually comes as a little bit of a surprise given how strong online is.”
The admission comes despite Tui’s ambition of transforming its model from that of a “tour operator and distributor” to a “designer, developer and operator of holiday concepts, hotels and cruise vessels”.
Thomson stores will be rebranded to Tui next year.
