• TUI to add hotels

European tour operator TUI will add hotels and ships to its portfolio as it aims to double customers within five years. A new hotels and resorts brand is promised, along with expansion of its Riu and Robinson flags, reports Bloomberg.

The new brand could grow to 50 properties over five years, adding leased and managed properties, and rebranding some existing ones. The Riu brand is jointly owned with the Spanish Riu family.
Read the full story here:
http://www.bloomberg.com/news/2014-05-16/tui-expects-sales-growth-will-be-at-lower-end-of-forecast-range.html

Share →