Tui AG (TUIT.L)
17 Aug 2018
BERLIN, Aug 9 European travel and tourism group TUI is preparing for the worst case scenario of a hard Brexit, its chief executive said on Thursday.
FRANKFURT/BERLIN Europe's largest tourism group TUI has expanded its business offering excursions and activities to holidaymakers by buying part of Spanish hotel room specialist Hotelbeds Group, aiming to take advantage of a growing market.
* Part of strategy to offer more personalised products (Adds comments from CEO)
FRANKFURT, March 28 Europe's largest tour operator TUI said on Wednesday it was buying Spanish hotel room specialist Hotelbeds Group's destination services business for 110 million euros ($136.27 million) in cash.
* BIRGIT CONIX HAS BEEN APPOINTED AS A MEMBER OF COMPANY'S EXECUTIVE BOARD (WITH EFFECT FROM 15 JULY 2018 Source text for Eikon: Further company coverage: