TUI Travel PLC (referred to in this report as ‘TUI Travel’ and ‘the Group’) is a FTSE 100 leisure travel company listed on the London Stock Exchange. It was formed on 3 September 2007 by the merger of First Choice Holidays PLC and the Tourism Division of TUI AG. TUI Travel is recognised for its commitment to sustainable development by its listing in the FTSE4Good Index. - 30+ million customers from over 27 source markets
- Operating in over 180 countries
- 200+ products and brands
- 146 aircraft and around 3,500 retail shops in Europe
- 50,000 colleagues operating across six continents
- In the financial year ended 30 September 2009, TUI Travel had revenues of £13.8 billion and an underlying profit before tax of £366 million.
Our structure
TUI Travel is organised and managed through four Sectors – Mainstream; Activity; Specialist & Emerging Markets; and Accommodation & Destinations. The chart to the right illustrates the underlying operating profit mix by Sector for the year ended 30 September 2009. Mainstream
Mainstream is the largest Sector in terms of size, financial performance and colleague numbers. It comprises leading tour operators and ‘power’ brands and operates a fleet of 146 aircraft and circa 3,500 retail shops. There are three divisions: Northern Region, Central Europe and Western Europe. It serves more than 22 million customers each year and top selling brands include Thomson, TUI and Jetair. Activity
This Sector has over 40 activity travel businesses that operate under five divisions – Marine, Adventure, Ski, Student and Sport. Each of these divisions has market-leading positions. The Adventure businesses take more customers to iconic adventure destinations than any other operator. It serves more than 1.1 million customers and top selling brands include Crystal Ski, The Moorings and Le Boat. Specialist & Emerging Markets
The Specialist & Emerging Markets Sector is an international portfolio of travel businesses focusing on specific destinations, premium travel experiences or particular customer demographic segments, often with differentiated and exclusive product. The sector consists of 40 businesses operating from North America, Europe and, most recently, emerging markets such as Russia and Ukraine. It serves more than 2 million customers and top selling brands include Mostravel, Viaggi Del Turchese and Hayes & Jarvis. Accommodation & Destinations
The Accommodation & Destinations Sector (A&D) sells and provides a range of services in destination to tour operators, travel agents, corporate clients, and direct to the consumer worldwide. Services include hotel accommodation, transfers, excursions, round trips, organising meetings, incentives, conferences and events (MICE), cruise handling and integrated website solutions for our customers. A&D is structured along key business lines – Business to Business (B2B) and Business to Consumer (B2C). Top selling brands include Hotelbeds.com and LateRooms.com Please see the latest TUI Travel Annual Report & Accounts at www.tuitravelplc.com for further details of our corporate governance structure and membership of the Nomination, Audit and Remuneration Committees. | 