- 41 new hotels added to the growth pipeline in financial year 2023
- Growth is driven by investment partnerships, the hotel fund, a global distribution platform and 12 strong leisure hotel brands
- Hotels & Resorts portfolio to grow to 600 hotels in the midterm
TUI Group sees further potential in the leisure hotel industry and plans to expand its portfolio for its customers from 424 hotels to 600 hotels in the midterm. TUI Hotels & Resorts is one of the growth drivers of the international tourism group based in Hanover. Since mid-2022, the segment has consistently generated positive results above the respective pre-pandemic levels.
In financial year 2023, 41 new hotels have been added to the growth pipeline driven by a combination of investment partnerships, management and franchise agreements. TUI will focus on a portfolio of 12 hotel brands powered by a global distribution platform to support its expansion targets. TUI’s portfolio includes global hotel brands such as RIU,…