Company profile

Future of TUI

#
Rank
804
| Quantumrun Global 1000

TUI Group is a global travel and tourism company headquartered in Hanover, Germany. The company is the biggest leisure, travel, and tourism company in the globe and owns travel hotels, cruise ships, agencies, airlines, and retail stores. The group owns European airlines - the biggest holiday fleet in Europe - and tour operators based in Europe.

Home Country:
Industry:
Miscellaneous
Website:
Founded:
1923
Global employee count:
66779
Domestic employee count:
10170
Number of domestic locations:

Financial Health

3y average revenue:
$17350050000 USD
3y average expenses:
$1284750000 USD
Funds in reserve:
$2072900000 USD
Revenue from country
0.35
Market country
Revenue from country
0.33

Asset Performance

  1. Product/Service/Dept. name
    Tourism nothern region
    Product/Service revenue
    7001500000
  2. Product/Service/Dept. name
    Tourism central region
    Product/Service revenue
    5566600000
  3. Product/Service/Dept. name
    Tourism western region
    Product/Service revenue
    2869900000

Innovation assets and Pipeline

Global brand rank:
478
Total patents held:
9

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the business services sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the business services world. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white and blue-collar employees.
*Blockchain technology will be co-opted and integrated into the operations of a range of business services providers, significantly reducing transaction costs and automating complex contract agreements.

COMPANY’S FUTURE PROSPECTS

Company Headlines