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TUI Group Stepping up Investment in Bulgaria
TUI Group is stepping up investments in countries like Bulgaria and Cape Verde to compensate for a slump in demand for travel to Turkey, the world's largest tour operator announced on Tuesday.
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Leading leisure tourism group 'could divest non-core holiday brands'
TUI, the world?s largest leisure tourism group, is considering a spin-off of its non-core assets, which have turnover of about three billion euros ($3.33 billion), London?s The Times newspaper reported on Aug. 17.
Tourism giant profit growth on track, to sell LateRooms
TUI Group, the world's largest leisure tourism group, said it was on track to grow underlying profits by between 10 and 15 percent this year as it announced plans to sell British hotel booking website LateRooms.
Tourism giant wants to make $20 bln in revenue
TUI Group wants to restructure its cruise businesses and airline brands and focus more online bookings after its merger to create a giant. TUI Group plans to restructure its airline brands and cruise businesses and drive more online bookings now its merger to create a tourism group with annual sales of over $20 billion has completed.
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