Is TUI a sustainable company?
Is TUI a sustainable company? TUI's commitment to sustainability spans more than three decades, from environmental reporting to a holistic agenda for sustainable tourism.
What type of organization is TUI?
TUI AG (TUI) is a holding company. The company operates tourism businesses. It provides a wide range of holiday and travel services. The company's businesses include cruise ships, touristic airlines, tour operations, and resorts and hotels.
Who is the main owner of TUI?
In March 2022, the company's largest single shareholder, Alexey Mordashov, a Russian oligarch and confidante of Vladimir Putin, was placed under sanctions due to the 2022 Russian invasion of Ukraine.
Is TUI a Chinese company?
TUI Group is a German leisure, travel and tourism company. TUI is an acronym for Touristik Union International (Tourism Union International). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism. It is headquartered in Hanover, Germany.
Is TUI environmentally friendly?
At TUI, we're committed to doing our bit to help the planet. From getting rid of plastic straws on our cruise ships to collaborating with local communities. Our latest sustainability agenda, People, Planet, Progress, is all about making sure we achieve net-zero emissions before 2050.
What is the TUI group sustainability strategy?
OUR SUSTAINABILITY AGENDA Our Agenda is underpinned by three core building blocks, to empower 'People' to drive development, reduce TUI's environmental footprint on the 'Planet' and partner with others to 'Progress' the transformation of our industry. Commitments include reducing the Group's emissions.
Who is better than TUI?
ranked each provider from top to bottom depending on their overall score, which has seen holiday firms Jet2holidays and Kuoni come out on top in joint first of the best beach and resort package providers. On the other end of the list, eDreams has been ranked at the bottom whilst TUI's rating has dropped down.
In what ways does TUI offer sustainable tourism?
TUI intends to provide carbon-neutral cruise vacations no later than 2030. Additionally, TUI's cruise division will decrease its fleet's CO2 emissions by over 25% by 2030. Currently, no other cruise company globally has committed to an absolute reduction goal.
Is TUI a good company to use?
Sun – 2022 Most Trusted Travel Company A travel brand you can trust? TUI is proud to be awarded the 'Most Trusted Travel Company' in The Sun Travel Awards 2022, as voted for by Sun readers.
Who is the director of TUI sustainability?
Kathrin Möllers is TUI Group's new Director Sustainability & ESG.
Which is the biggest sustainable tourism in the world?
Sweden is the world's most sustainable travel destination, according to Euromonitor International's 2023 Sustainable Travel Index.
What is the future of TUI?
TUI Stock 12 Months Forecast Based on 6 Wall Street analysts offering 12 month price targets for TUI AG in the last 3 months. The average price target is 669.85p with a high forecast of 844.50p and a low forecast of 568.75p. The average price target represents a 39.49% change from the last price of 480.20p.
Will TUI survive 2023?
TUI AG said it expects its summer 2023 travel season to be close to pre-pandemic levels even as the pace of growth tapers off amid higher inflation and rising interest rates.