TUI Group

TUI AG
TUI Group
FormerlyPreussag AG (1923–2002)
Company typePublic (Aktiengesellschaft)
FWBTUI1
LSETUI
ISINDE000TUAG505
IndustryHospitality, tourism
Founded1923; 101 years ago (1923)
HeadquartersHanover and Berlin, Germany
Area served
  • Austria
  • Belgium
  • Canada
  • Czechia
  • Denmark
  • Finland
  • Germany
  • Ireland
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
Key people
  • Dieter Zetsche (Chairman of the Supervisory Board)
  • Sebastian Ebel (CEO)
ProductsCharter and scheduled passenger airlines, package holidays, cruise lines, hotels and resorts
ServicesTravel agencies
RevenueIncrease €20,665.9 million (2023)[1]
Increase €997.2 million (2023)[1]
Increase €455.7 million (2023)[1]
Number of employees
58,342 (2023)[1]
Websitetuigroup.com

TUI AG (trading as TUI Group) is a German multinational leisure, travel and tourism company; it is the largest such company in the world.[2][3] TUI is an acronym for Touristik Union International ("Tourism Union International"). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism. It is headquartered in Hanover, Germany.[4]

It fully or partially owns several travel agencies, hotel chains, cruise lines and retail shops as well as five European airlines. These activities involve the operation of 353 hotels with 275,144 beds and it allows its brand to be used for another 65 hotels operated by third parties. These hotels accommodate 21 million guests a year.[5] It also operates 16 cruise ships under the TUI Cruises, Hapag-Lloyd Cruises and Marella Cruises brands, as well as a fleet of 134 aircraft.[1]

It is trading as TUI AG on the Frankfurt Stock Exchange and Hanover Stock Exchange.

  1. ^ a b c d e "Annual Report 2023" (PDF). TUI. Retrieved 13 February 2024.
  2. ^ TUI forges World's biggest tourism operator. TUI AG. Retrieved on 29 October 2014.
  3. ^ "Die 10 Grossten Reiseveranstalter der welt". Ten of the Day. Retrieved 15 December 2023.
  4. ^ "Contact TUI Group." TUI AG. Retrieved on 29 May 2009.
  5. ^ "About TUI Group". www.tuigroup.com. Retrieved 2023-10-10.