Tagged: TUI Cruises

TUI Group released its full year 2019 financial results on Wednesday, with strong performance coming from the company’s trio of cruise brands: TUI, Marella and Hapag-Lloyd Cruises. Underlying (cruise) EBITA increased by 43 million euro to 367 million euro, according to the company. (cruiseindustrynews.com)

The cruise operations of TUI AG, the German travel company that is listed in London, continued their strong performance in the third quarter of the company/s financial year. “All three brands continue to deliver growth. In Q3 2019, all three cruise brands operated by the Group continued their growth roadmap and delivered a significant increase in their operating results. With the launch of Hanseatic Nature and Marella Explorer 2 in May 2019, TUI’s cruises fleet grew to a total of 17 ships,” the company said in a statement. (cruisebusiness.com)

“Cruises continues to deliver a strong performance, taking into account additional dry dock and launch costs in H1,” said TUI Group in a prepared statement for its first half year earnings released on May 15, 2019. (cruiseindustrynews.com)

Reporting full year earnings, TUI Group saw revenue increase across its three cruise brands by 10.7 percent to 901.9 million euro for the 2018 fiscal year. Turnover was reported at 324 million euro, up 26.8 percent over the year prior. It was a strong year for TUI Cruises, Marella Cruises and Hapag-Lloyd Cruises with the company noting that investments in growing and modernizing its fleet were paying off. (cruiseindustrynews.com)