Hanover, Germany, 2017-Aug-07 — /Travel PR News/ — TUI Group continues to deliver growth in its Hotels & Resorts segment. The Group has acquired Stella Polaris S.A., a subsidiary of the Greek Karatzis Group and owner of land on the southern coast of Crete, to open a new Robinson Club. With the Robinson Clubs Kyllini Beach and Daidalos, TUI already operates two resorts of the premium club holiday provider in Greece. “We are aiming to deliver substantial growth in our own hotel brands TUI Blue, RIU, Robinson and Magic Life in the next few years. The expansion of our portfolio in the trending destination Greece marks a further step towards that goal,” said Sebastian Ebel, TUI Group Executive Board member in charge of Hotels & Resorts.
Greek Tourism Minister Elena Kountoura said: “In the framework of the close cooperation with TUI Group established over the past two years, we have engaged in a series of talks with Group representatives in the last few months to discuss new investment opportunities. We are consistently delivering our growth strategy and have generated record results in tourism for the third consecutive year. We have also created the conditions to sustain high growth rates over the next few years and are encouraging new investments. TUI is an important partner for us, and I am therefore delighted that the Group will be investing in a new Robinson Club in Greece. We regard that move as a vote of confidence in our economy.”
With the expansion of its hotel portfolio, TUI Group is driving its transformation as an integrated tourism business focused on own hotel and cruise brands further ahead. The two segments already contribute half of the Group’s operating result. Since the merger with TUI Travel PLC at the end of 2014, TUI Group has expanded its portfolio by 27 new hotels, nine of which have opened this year alone.
ABOUT TUI GROUP
TUI Group is the world’s number one integrated tourism group operating in around 180 destinations worldwide. The company is domiciled in Germany. TUI Group’s share is listed in the FTSE 100 index, the leading index of the London Stock Exchange and in the German open market. In financial year 2015/16, TUI Group recorded turnover of €17.2bn and an operating result of €1.001bn. The Group employs 67,000 people in more than 100 countries. TUI offers its 20 million customers comprehensive services from a single source. It covers the entire touristic value chain under one roof. This comprises leading tour operator brands and 1,600 travel agencies in Europe, five European airlines with around 150 modern medium and long-haul aircraft, more than 300 Group-owned hotels and resorts with premium brands such as RIU and Robinson. With cruise ships ranging from the MS Europa and MS Europa 2 luxury class vessels to the “Mein Schiff” fleet of TUI Cruises and the vessels of Thomson Cruises in the UK, TUI is also strongly positioned in the growing cruise sector. Global responsibility for sustainable economic, ecological and social activity is a key feature of our corporate culture. TUI has joined the UN Global Compact and, as the only tourism group, it is listed in the renowned Dow Jones Sustainability Index (DJSI) World.
Head of Corporate Communications
Source: TUI Group