NAIROBI, NOVEMBER 24, 2018 — The African continent is among regions targeted by German travel and tourism company-TUI Group, as it remains keen to expand its international concept hotel next year.
The group plans to expand its portfolio with the addition of 12 new TUI Sensimar hotels over the next financial year.
Among projects lined up is an additional three TUI Family Life hotels to be put in place in the 2019 financial year.
Expansion in Africa mainly targets Egypt and Tunisia. On the European scope Tui is looking at Croatia and Italy as markets of investment.
Some of its 15 new hotels are located in top markets and destinations which include Spain, Turkey and Greece.
As part of the expansion, TUI also plans to debut a TUI concept brand in the Greek island of Santorini with the TUI Sensimar Meltemi Blue.
Additionally, TUI Sensatori Barut Fethiye Resort in Turkey will be extended by construction of a new building next to the current facility.
The investment will increase TUI’s three international concept hotel brands portfolio to 103 hotels, from 88.
In the United Kingdom (UK), tourists and guests have around 84 hotels to choose from.
The Group’s overall hotel portfolio currently comprises 380 hotels. Of these, 50 are operated by third-party hoteliers.
According Sebastian Ebel, Group executive board member in charge of hotels and resorts, the Hannover headquartered entity plans to deliver strong growth in cooperation with local partners.
This is mainly on its three international concept hotel brands.
“Our concepts offer TUI’s renowned quality and a unique holiday experience, resulting in high customer satisfaction levels.”
He said TUI will continue to set standards for the global holiday hotel industry.
The group is further driving its growth roadmap in the hotel segment through its TUI Blue, Robinson and TUI Magic Life brands.
This adds up to its longstanding joint venture partners who include Spanish hotel chain-RIU Hotels and Resorts.
Tui Group is the largest leisure, travel and tourism Company in the world owning travel agencies, hotels, airlines, cruise ships and retail stores.
It further owns six European airlines-the largest holiday fleet in Europe- and nine tour operators based in Europe.
Tui is jointly listed on the Frankfurt Stock Exchange and the London Stock Exchange as a constituent of the FTSE 100 Index.