TUI Travel PLC. Investor Day 27 January Blue Village, Hurghada, Egypt. TUI Travel PLC Investor Day January 2011 Page 1
|
|
- Jonah Fitzgerald
- 6 years ago
- Views:
Transcription
1 TUI Travel PLC Investor Day 27 January 2011 TUI Travel PLC Investor Day January 2011 Page 1 Blue Village, Hurghada, Egypt
2 Agenda Journey So Far & Strategic Overview Mainstream Strategy Differentiated Product Controlled / Online Distribution Operational Efficiency Q&A and Coffee Break Independent Strategy Online Accommodation Specialist & Activity Q&A Financial Roadmap Trading Update Conclusion Peter Long Johan Lundgren/Volker Bőttcher/Bart Brackx Johan Lundgren/Bart Brackx Will Waggott Joan Vilà/Chris Morris John Wimbleton Will Waggott Peter Long Peter Long Q&A TUI Travel PLC Investor Day January 2011 Page 2
3 Journey So Far & Strategic Overview Agenda Journey so far Our Market Mainstream Business Model Independent & Emerging Markets TUI Travel PLC Investor Day January 2011 Page 3
4 Journey So Far Rationale for merger Strong strategic fit between First Choice Holidays and TUI Tourism Created the world s leading leisure travel group with market leading Mainstream brands and the leading portfolio of specialist brands Removed excess capacity from the market Opportunity to extract substantial cost synergies Platform to leverage economies of scale Merger created a position of strength to deliver growth TUI Travel PLC Investor Day January 2011 Page 4
5 Journey So Far Who we are The world s leading leisure travel Group 30 million customers from 27 major source markets A Group with market leading brands A Group with significant profit growth 2007 EBITA 260m 2010 EBITA 447m We provide a full range of leisure travel needs Mainstream Independent & Specialist TUI Travel PLC Investor Day January 2011 Page 5
6 Journey So Far Our structure Mainstream Sector Accommodation & Destinations Sector Specialist & Activity Sector Emerging Markets Sector Classic TO business / market leading Destination services & online accommodation Portfolio of specialist & activity companies The world of TUI Revenue 11.6 bn TTV 1.9 bn Revenue 1.4 bn Revenue 0.1 bn EBITA 332m EBITA 73m EBITA 78m EBITA ( 7m) TUI Travel PLC Investor Day January 2011 Page 6
7 Journey So Far Progress In January 2008 we set out our medium term roadmap: 1) Synergy Delivery Delivered 2) Turnaround of underperforming businesses In progress 3) Redefining the Mainstream business model In progress 4) Grow organically and through acquisitions On-going 5) Emerging markets On-going Significant progress achieved, but the journey is not complete TUI Travel PLC Investor Day January 2011 Page 7
8 Journey So Far Key successes Integrated UK Mainstream and other overlapping businesses Exit from UK scheduled flying Exit from Germany scheduled flying Canada strategic venture Nouvelles Frontières performance improvement Emerging markets entry Significant progress to date TUI Travel PLC Investor Day January 2011 Page 8
9 Journey So Far Key challenges Cost inflation, particularly in the UK source market Timing of turnaround delivery Economic environment Volcanic ash Significant headwinds from fuel / exchange rates and economic environment TUI Travel PLC Investor Day January 2011 Page 9
10 Journey So Far Input cost movement Input Cost Movement TTPLC Group ( ) 0.3 bn 0.7bn 0.2 bn 0.2 bn Fuel Rate Euro USD Cost Inflation Input cost increase of 700m from fuel & currency movements in the period TUI Travel PLC Investor Day January 2011 Page 10
11 Journey So Far Turnaround m Turnaround opportunity FY10 To go Canada Corsair Nouvelles Frontieres Germany scheduled flying Germany ongoing business Ireland Poland Netherlands m of turnaround opportunities to go TUI Travel PLC Investor Day January 2011 Page 11
12 Journey So Far Operating profit progression FY07 EBITA Synergies Turnaround Acquisitions Net Trading FY10 EBITA Increased EBITA by 187m since the merger, despite over 700m of input cost inflation TUI Travel PLC Investor Day January 2011 Page 12
13 Journey So Far Summary Successfully delivered synergy target Underlying operating profit of 447m Overall turnaround opportunities are taking longer to execute, but clear roadmap in place Our journey is not complete - unfinished business remains TUI Travel PLC Investor Day January 2011 Page 13
14 Journey So Far & Strategic Overview Agenda Journey so far Our Market Mainstream Business Model Independent & Emerging Markets TUI Travel PLC Investor Day January 2011 Page 14
15 Our Market Geographical focus 26bn World leisure travel market: 740 bn TUI Travel Core Markets*: 343 bn 389 bn 317bn Our 3 largest markets Germany 102bn 343bn Travel Intermediaries 110 bn Direct Travel Suppliers 233 bn Travel Intermediaries 124 bn Direct Travel Suppliers 265 bn France UK 57bn 80bn = TTPLC Core Markets* UK, Sweden, Germany, France, Belgium, Netherlands, Austria, Poland, Switzerland & Canada Source: Euromonitor & management = TTPLC Other Markets USA, Australia, Spain, Russia, India, China, New Zealand, Brazil analysis and estimates Our focus is on the 110bn travel intermediaries market as well as growing our international footprint TUI Travel PLC Investor Day January 2011 Page 15
16 Our Market Market segments Segments Our Market Presence Mainstream 31 bn Mainstream Tour Operators Market leading TO positions in all source markets Specialist Tour Operators Leading positions in Specialist & Activity market segments 1/3 110bn Independent 79 bn GDS OTAs Hotelbeds, Bedsonline, Hotelopia (Accommodation Wholesaler) Laterooms, Asiarooms (Accommodation OTA) Meta Travel Search Engines / Review sites Travel Portals TUIfly.com Travel Review Portal -Cheqqer 2/3 233bn Direct Travel Suppliers 233 bn Scheduled Airlines & LCC Hotel We have a substantial presence across the Mainstream and Independent segments TUI Travel PLC Investor Day January 2011 Page 16
17 Our Market Mainstream presence 2010 Market Shares UK Belgium Germany Canada Nordics France Netherlands Brands TUI Travel 47% 45% 29% 28% 27% 25% 20% Competitors 35% TC 42% TC 25% Rewe 17% TC 8% Alltours 32% Transat 15% Westjet 10% Air Canada Vacations 7% Sunquest (TC) 28% TC 19% Kuoni 13% TC 13% Club Med 11% Fram 14% TC 11% Sundio 13% OAD Market Concentration - Top 2-82% 87% 54% 60% 55% 38% 34% We have leading brands and positions in our core mainstream markets and have a 35% share of the European package holiday market TUI Travel PLC Investor Day January 2011 Page 17
18 Our Market Independent travel presence Specialist & Activity Mainstream Independent Accommodation Wholesaler Accommodation OTA Total Revenue/TTV bn 1.2 bn 1.0 bn 0.4 bn 3.9 bn EBIT m 36 m 24 m 15 m 153 m Volume m pax 3.8m pax 11.6m bednights 5.2m bednights We also have a substantial presence in Independent Travel which represents 1/3 of our gross revenues & profits TUI Travel PLC Investor Day January 2011 Page 18
19 Journey So Far & Strategic Overview Agenda Journey so far Our Market Mainstream Business Model Independent & Emerging Markets TUI Travel PLC Investor Day January 2011 Page 19
20 Mainstream Business Model Two business models Traditional Mainstream Modern Mainstream Commodity Packages Differentiated, unique holidays 7 & 14 Night Durations Flexible Durations Brochure & Retail Led Online Multi-Media Product Marketing Call centre based customer support Online self-service We have redefined our Mainstream business model TUI Travel PLC Investor Day January 2011 Page 20
21 Mainstream Business Model We have redefined our Mainstream business model 1 Product Accelerate shift to differentiated/unique products & increase flexibility 2 3 Distribution Cost Efficiency Utilise controlled channels to sell our mainstream products with increasing focus on online channels New reservation systems allow improved customer experiences and lower costs Addressing legacy costs Sustainable Profitable Growth TUI Travel PLC Investor Day January 2011 Page 21
22 1 Shift to Flexible, Differentiated Products Differentiated product Year on Year Booking Volumes Summer 2011 UK Nordics Germany 46% 8% 26% 12% 15% 21% Total Differentiated products Differentiated content continues outperform commodity products TUI Travel PLC Investor Day January 2011 Page 22
23 1 Shift to Flexible, Differentiated Products UK product mix UK Differentiated Products (Passenger Volumes of Total Programme) UK Non 7/14 night Durations (Passenger volumes for Total Programme) 1.9 m 1.4 m 0.8 m 0.4 m S2008 S2011F S2008 S2011F Clear demand growth in specific market segments TUI Travel PLC Investor Day January 2011 Page 23
24 % respondents 2 Shift to Online Market booking trends Total Market -Online Travel Penetration Holiday Booking Channel - UK Mainstream Online/Offline Mix - Growth bn Nordics UK France Germany Spain % 16% 13% 39% 34% 25% 26% 36% 43% 31 bn Offline 25 bn Online 6 bn +8% +24% Offline 27 bn Online 8 bn Source: PWC 0 Source: Mintel Personal visit to travel agent Entirely by telephone On the Internet Source: Euromonitor Based on TUI Travel core markets: UK, Sweden, Germany, France, Belgium, Netherlands, Austria, Poland, Switzerland & Canada Online travel is a large & growing part of the market TUI Travel PLC Investor Day January 2011 Page 24
25 2 Shift to Online Channel Our online booking mix 2010 online booking mix by source market - Percentage of Total Pax Numbers 2007 Nordic 57% +11pp UK 38% +9pp Belgium 33% +17pp Netherlands 30% +6pp France 18% +6pp Germany 17% +10pp Online represents a significant channel in most source markets & is growing substantially TUI Travel PLC Investor Day January 2011 Page 25
26 2 Shift to Online Channel Online market share European Online Mainstream Holiday Market (2010) European Online Travel TTV (2010) 3.8 bn* 3.1 bn Rest of Market 2.5 bn 38% 6.1 bn TUI Travel 2.5 bn 43% 2.1 bn Thomas Cook 1.1 bn 19% TUI Travel Expedia TCG Source: PhoCusWright & Company Information We have a leading share of online package sales TUI Travel PLC Investor Day January 2011 Page 26 * TTV for Accommodation Wholesaler, Accommodation OTA & Mainstream Packages Online
27 3 Cost Efficiencies Cost reduction actions New reservation systems Delivers lower cost production model Drives automation of processes and reduces back office resource requirements Improves customer experience Addressing legacy costs Delivering efficiency gains in group airlines Cost efficiencies deliver margin improvements TUI Travel PLC Investor Day January 2011 Page 27
28 Journey So Far & Strategic Overview Agenda Journey so far Our Market Mainstream Business Model Independent & Emerging Markets TUI Travel PLC Investor Day January 2011 Page 28
29 Independent & Emerging Markets Agenda 1 Independent travel exhibits superior growth, particularly through online channels 2 Specialist businesses exhibit strong margins and growth 3 Emerging markets provide large and growing addressable market opportunities TUI Travel PLC Investor Day January 2011 Page 29
30 Independent & Emerging Markets Agenda 1 Independent travel exhibits superior growth, particularly through online channels 2 Specialist businesses exhibit strong margins and growth 3 Emerging markets provide large and growing addressable market opportunities TUI Travel PLC Investor Day January 2011 Page 30
31 1 Independent Travel Market Market growth Independent Market Growth (TUI Travel Core Markets) 89 bn 75 bn 79 bn Other 45 bn Other 37 bn Other 40 bn Accommodation Only 13 bn Accommodation Only 13 bn Accommodation Only 15 bn Flight Only 25 bn Flight Only 26 bn Flight Only Source: Euromonitor Independent travel market continues to grow strongly TUI Travel PLC Investor Day January 2011 Page 31
32 1 Independent Travel Market Online growth Independent Online/Offline Mix Growth (TUI Travel Core Markets) 89 bn 75 bn 79 bn Offline 63 bn - 5 bn Offline 58 bn + 2 bn Offline 60 bn Online 12 bn + 9 bn Online 21 bn + 8 bn Online 29 bn Source: Euromonitor Online channels in the independent market growing fastest TUI Travel PLC Investor Day January 2011 Page 32
33 1 Independent Travel Market Global OTA market Global OTA Market Growth by Product Segment Accommodation OTA Market Size & Growth by Region 9% 10% Growth* +21% +8% +4% 6% 7 bn 8 bn 5 bn 3% Flight Only Accommodation Only Car Hire Other Source: PhoCusWright (CAGR ) APAC Europe US Source: PhoCusWright (*CAGR ) Accommodation OTA and APAC region exhibit highest growth TUI Travel PLC Investor Day January 2011 Page 33
34 1 Independent Travel Market TUI Travel online accommodation growth Accommodation Wholesaler TTV 1 ( m) Accommodation OTA TTV 1 ( m) % CAGR % CAGR Market growth 9% CAGR Market growth 15%CAGR FY07 FY08 FY09 FY10 FY07 FY08 FY09 FY10 FY07 FY08 FY09 FY10 1 TTV = Total transaction value Our online accommodation businesses are continuing to deliver strong growth TUI Travel PLC Investor Day January 2011 Page 34
35 Independent & Emerging Markets Agenda 1 Independent travel exhibits superior growth, particularly through online channels 2 Specialist businesses exhibit strong margins and growth 3 Emerging markets provide large and growing addressable market opportunities TUI Travel PLC Investor Day January 2011 Page 35
36 2 Specialist & Activity High margins EBITA margin 3%-5% 5% 10% 10% 15% 344m Of which 133m of revenue is at >15% EBITA margin 220m 211m 228m Revenue UKISD 127m 134m Ski 88m Proportion of Sector EBITA Specialist Holiday Group NA Specialist Sport Adventure Marine Education 27% 18% 55% 7% Organic EBITA CAGR growth between FY10 Revenue and EBITA margins TUI Travel PLC Investor Day January 2011 Page 36 Page 36
37 Independent & Emerging Markets Agenda 1 Independent travel exhibits superior growth, particularly through online channels 2 Specialist businesses exhibit strong margins and growth 3 Emerging markets provide large and growing addressable market opportunities TUI Travel PLC Investor Day January 2011 Page 37
38 3 Emerging Markets Addressable markets Russia Brazil India China Population 141 million 191 million 1.2 billion 1.3 billion Addressable Population GDP Growth (real) Outbound Leisure Market (pax) Credit Card Penetration 22 million 25 million 30 million 43 million 7.3 % 3.6 % 8.8 % 10.1 % 8 million 4 million 6 million 27 million 3 % 38 % 2 % 3 % Emerging markets seeing strong growth in disposable incomes and propensity to travel TUI Travel PLC Investor Day January 2011 Page 38
39 3 Emerging Markets Current participation Mainstream Tour Operations Specialist Tour Operations Retail Russia Brazil India China * Accommodation & Destination Services Russia & CIS has the most developed strategy to date TUI Travel PLC Investor Day January 2011 Page 39 * Pending approval of outbound licence for TUI China
40 Independent & Emerging Markets Strategy summary A&D Specialist & Activity Continue to grow online accommodation only businesses Expand source & destination market B2B presence Drive organic growth from our market leading positions Emerging Markets Increase presence from existing platform in Russia Determine participation strategy in other markets Leverage existing presence in non-mainstream markets to drive growth TUI Travel PLC Investor Day January 2011 Page 40
TUI GROUP INVESTOR PRESENTATION
TUI GROUP INVESTOR PRESENTATION German Investment Conference UniCredit / Kepler Munich, 26-27 September 2012 Future-related statements This presentation contains a number of statements related to the future
More informationTUI AG: Annual General Meeting 2015 Friedrich Joussen CEO
TUI AG: Annual General Meeting 2015 Friedrich Joussen CEO New TUI Group launched Listing and commencement of trading of the new TUI share on the FTSE premium segment of the London Stock Exchange on 17
More informationTUI GROUP FACTBOOK. May 2015
TUI GROUP FACTBOOK May 2015 Pro Forma Turnover 2012/13 & 2013/14 m FY 12/13 Q1 13/14 Q2 13/14 Q3 13/14 Q4 13/14 FY 13/14 Northern Region 6,037.2 1,047.6 922.0 1,660.0 2,571.2 6,200.8 Central Region 5,524.8
More informationNORWAY SWEDEN FINLAND RUSSIA DENMARK NETHERLANDS GERMANY POLAND BELGIUM CZECH REPUBLIC AUSTRIA HUNGARY SWITZERLAND CHINA MEDITERRANEAN SEA
THE GROUP AT A GLANCE N O RTH SEA IRELAND GROUP TOUR OPER ATOR UNITED KINGDOM Revenue* Gross margin %** Underlying EBIT** Underlying EBIT %** 11M >7;+& 57*** 2017 2016 7,122m 15.4% 250m 3.5% 6,646m 16.9%
More informationTUI News Investor Relations
records very successful financial year 2013/2014 Merger with TUI Travel PLC about to be closed Significant outperformance against earnings targets in full financial year 2013/2014; earnings growth driven
More informationQ3 Results 2015/ August 2016 Media Call. Tulum, Mexico
Q3 Results 2015/16 11 August 2016 Media Call Tulum, Mexico TUI Group Vertically integrated model demonstrates resilience Good performance in the quarter further demonstrating the resilience of our vertically
More informationInvestor Presentation
TUI Group Investor Presentation WestLB Deutschland Conference 2010 17 November 2010 TUI AG Investor Relations Seite 1 Future-related related statements This presentation contains a number of statements
More informationHelloworld Travel Limited results announcement Half year ended 31 December 2017
Helloworld Travel Limited results announcement Half year ended 31 December 2017 HIGHLIGHTS FOR THE HALF YEAR ENDED 31 DECEMBER 2017 Total Transaction Value (TTV) growth of 2.7% to $2.968 billion. Earnings
More informationThomas Cook Group Corporate Strategy
Thomas Cook Group Corporate Strategy Investor Day Presentation Royal Opera House, London 10 March 2010 Disclaimer and cautionary statement This presentation does not constitute an invitation or inducement
More informationTUI Group Investor Presentation
TUI Group Investor Presentation Commerzbank, German Investment Seminar New York, 11 12 January 2010 TUI AG Investor Relations Seite 1 Agenda I. Group overview II. Financials & Financing update III. Outlook
More informationAcquisition of the Destination Management business from Hotelbeds March 2018
Acquisition of the Destination Management business from Hotelbeds March 2018 Transaction Summary ACQUISITION GROWTH ACCELERATION Acquisition of Destination Management business from Hotelbeds Group Enterprise
More informationVueling Airlines 2009 Fourth-Quarter, Full-Year Financial Results. The 100-milion turnaround story
Vueling Airlines 2009 Fourth-Quarter, Full-Year Financial Results The 100-milion turnaround story Barcelona, February 23 rd, 2009 Introduction Revenues Operations and costs Outlook for 2010 Vueling has
More informationTUI Group Factbook. December 2016
TUI Group Factbook December 2016 TUI Group at a glance A clear structure to deliver growth and value Tourism Marketing & Sales in Source Markets Tour operator Travel Agencies Internet Portals Mobile Services
More informationState of the Aviation Industry
State of the Aviation Industry Presentation to the ACI Airport Economics & Finance 10 th 11 th February London, United Kingdom Laurie N. Price Director of Aviation Strategy Mott MacDonald Aviation Current
More informationFor personal use only
HELLOWORLD TRAVEL LIMITED RESULTS ANNOUNCEMENT Highlights for the year ended 30 June 2018 Total Transaction Value (TTV) growth of 3.5% to $6.1 billion, underpinned by strong air ticket sales volume growth.
More informationNorth American Online Travel Report
North American Online Travel Report 2009 - Hotel Focus - EyeforTravel Research 7-9 Fashion Street London E1 6PX UK For queries contact: amy@eyefortravel.com www.eyefortravelresearch.com EyeforTravel Ltd,
More informationFY18 Q1 Results Media Call 13 FEBRUARY Cavtat, Croatia
Results Media Call 13 FEBRUARY 2018 Cavtat, Croatia Our business model Holiday experiences contribute 59% to our earnings SALES & MARKETING 41% EBITA 20m customers Northern Central Western ROIC FY17: 85%
More informationPresentation Media Call
Presentation Media Call 13 May 2015 Taking TUI to the next level: The World s Leading Tourism Business H1 results 2 TUI Group with strong H1 performance 14% improvement in underlying 1 EBITA Source markets
More information- Online Travel Agent Focus -
North American Online Travel Report 2009 - Online Travel Agent Focus - EyeforTravel Research 7-9 Fashion Street London E1 6PX UK For queries contact: amy@eyefortravel.com www.eyefortravelresearch.com EyeforTravel
More informationManaging Low Cost and Legacy Growth at the Same Airport. Vilnius Case
Managing Low Cost and Legacy Growth at the Same Airport. Vilnius Case Jurate Baltrusaityte CCO Lithuanian Airports IC Aviation. The Future of Aviation in Eastern Europe Iasi, Romania 20 th November 2014
More informationAktiengesellschaft The potential of nature tourism in the Baltics view of a large European tour operator
The potential of nature tourism in the Baltics view of a large European tour operator Dieter Semmelroth, TUI AG, Germany TUI AG Group presentation January 2011 page 30 TUI Group: Key figures financial
More informationFIRST CHOICE HOLIDAYS PLC TRADING UPDATE
FIRST CHOICE HOLIDAYS PLC TRADING UPDATE 26 October 2005 Prior to entering its close period on 1 November 2005 First Choice Holidays PLC announces the following trading update. Our continued strategy of
More informationTUI Group Investor Presentation
TUI Group Investor Presentation Commerzbank Sector Conference Week 26 August 2010 TUI AG Investor Relations Seite 1 Future-related statements This presentation contains a number of statements related to
More informationTUI Group Investor Presentation
TUI Group Investor Presentation WestLB Deutschland Conference Frankfurt, 18-19 November 2009 TUI AG Investor Relations Seite 1 Agenda I. Group overview II. Financials III. Outlook 2009 IV. Financing update
More informationMORGANS CONFERENCE PRESENTATION 12 OCTOBER 2016
MORGANS CONFERENCE PRESENTATION 12 OCTOBER 2016 OUR 2022 FLIGHT PATH Multi million dollar investments underway to transform IT, enhance diversity & deliver new revenue streams Targeting growth in 6 key
More information1 INTRODUCTION 2 FACTS & FIGURES 3 DID YOU KNOW? 4 HISTORY 5 SENIOR MANAGEMENT 6 CONTACT INFORMATION
1 INTRODUCTION 2 FACTS & FIGURES 3 DID YOU KNOW? 4 HISTORY 5 SENIOR MANAGEMENT 6 CONTACT INFORMATION 3 6 8 9 10 12 2 INTRODUCTION Hotelbeds Group a leading bedbank and a business-to-business (B2B) provider
More informationDEUTSCHE BANK TRAVEL CONFERENCE 23 MARCH Presentation by Adam Campbell, CFO
DEUTSCHE BANK TRAVEL CONFERENCE 23 MARCH 2016 Presentation by Adam Campbell, CFO PRESENTATION OVERVIEW Reflection 20 Years As A Listed Entity The Future Strategies & Longer Term Vision Questions? 20-YEAR
More informationForward-looking Statements
March 23, 2011 Forward-looking Statements This presentation contains certain forward-looking statements with respect to the Corporation. These forward-looking statements, by their nature, necessarily involve
More informationUSA Acquisition Summary. December 2010
USA Acquisition Summary December 2010 www.roadbearrv.com Strategic Intent 1. To leverage the existing business capabilities in a significant sized and growing tourism market with a similar customer base.
More informationGROWING YOUR TOURISM BUSINESS INTERNATIONALLY
GROWING YOUR TOURISM BUSINESS INTERNATIONALLY Welcome Abigail Coia - Development Officer, Ayrshire & Arran Tourism Dark skies observatory, Dalmellington Culzean Castle and Ailsa Craig Dream Share Plan
More information10 Things You Wanted to Know About FLT
Macquarie Securities Australia Conference Presentation 10 Things You Wanted to Know About FLT But Were Afraid to Ask Andrew Flannery, CFO 3 May, 2013 1 Overview of today s presentation 1. Guidance 2. Australia
More informationRECORD PROFIT NPAT UP 146% NPAT (CONTINUING OPERATIONS) UP 58%
RECORD PROFIT NPAT UP 146% NPAT (CONTINUING OPERATIONS) UP 58% Webjet Limited today announced results for the full year to 30 June 2017. Adopting our auditor s accounting treatment for the Thomas Cook
More informationPage 1. John Guscic Managing Director, Webjet Limited
Page 1 John Guscic Managing Director, Webjet Limited spanning both consumer markets (through B2C) and global wholesale markets (through B2B) B2C TRAVEL Leading online consumer travel brands B2B TRAVEL
More informationTUI GROUP Annual General Meeting Friedrich Joussen CEO
TUI GROUP Annual General Meeting 2018 Friedrich Joussen CEO TUI From trading company to integrated tourism group FINANCIAL INDICATORS Earnings guidance >10%: outperformed for 3 consecutive years Balance
More informationThe Ascott Limited. Scales up lodging business with US$26-million investment in Indonesia s leading hotel operator TAUZIA
The Ascott Limited Scales up lodging business with US$26-million investment in Indonesia s leading hotel operator TAUZIA 17 Sep 2018 Disclaimer This presentation may contain forward-looking statements
More informationFY17 Full Year Results Management Call, 13 December Robinson Club Noonu, Maldives
Full Year Results Management Call, 3 December 207 Robinson Club Noonu, Maldives TUI Group TUI continues its strong performance track record in Third consecutive year of strong top line and earnings growth
More informationTUI Group H Earnings Press Conference & Webcast
TUI Group H 208 Earnings Press Conference & Webcast Fritz Joussen CEO TUI Group 9 May 208 New Mein Schiff, Hamburg TUI Group delivers good H earnings and reiterates outlook - hotels and cruise businesses
More informationManaging through disruption
28 July 2016 Third quarter results for the three months ended 30 June 2016 Managing through disruption 3 months ended Like-for-like (ii) m (unless otherwise stated) Change 30 June 2016 30 June 2015 change
More informationWEBJETAGM Managing Director Update
WEBJETAGM Managing Director Update 22 November 2017 Page 1 DIGITAL TRAVEL BUSINESS spanning both consumer markets (through B2C) and global wholesale markets (through B2B) WHO IS WEBJET? B2C TRAVEL Leading
More informationDriving global growth
Holiday Inn, Manhattan Financial District Driving global growth Paul Edgecliffe Johnson Group CFO IHG has a consistently executed, winning strategy for high quality growth Value creation: superior shareholder
More informationInterim results. 11 May 2010
Interim results 11 May 2010 Introduction Andy Harrison Chief Executive Officer Strong performance despite disruption Improvement in revenue, margins and cash Continued network improvement has driven better
More informationTUI GROUP Investor Presentation
TUI GROUP Investor Presentation Friedrich Joussen (CEO) UniCredit / KeplerCheuvreux German Corporate Conference Frankfurt, 21-22 January 2014 Seite 1 Future-related statements This presentation contains
More informationAirline financial performance and longterm developments in air travel markets
Airline financial performance and longterm developments in air travel markets March 2018 Brian Pearce, Chief Economist, IATA www.iata.org/economics % of invested capital Investor returns falling but above
More informationGrowth in annual revenue up 2.7% like-for-like and 1.5% as reported, with sustained business in emerging markets
Press Release Paris January 17, 2013 Growth in 2012 revenue, supported by the transformation of the business model *** Another year of record development, with the opening of more than 38,000 rooms Rapid
More information2017 RTO Summit. Educating the Clueless Revenue Manager
2017 RTO Summit Educating the Clueless Revenue Manager 2 Sold through a channel that few have ever heard of. 3 How Are 26 Million Room Nights Sold To International Visitors? 4 By Receptive Tour Operators
More informationFY18 H1 Results 9 MAY TUI Cruises, Preikestolen plateau. Norway
FY18 H1 Results 9 MAY 2018 TUI Cruises, Preikestolen plateau. Norway FORWARD-LOOKING STATEMENTS This presentation contains a number of statements related to the future development of TUI. These statements
More informationFY18 Q1 Results 13 FEBRUARY Cavtat, Croatia
FY18 Q1 Results 13 FEBRUARY 2018 Cavtat, Croatia FORWARD-LOOKING STATEMENTS This presentation contains a number of statements related to the future development of TUI. These statements are based both on
More informationFor personal use only
ASX and Media Release QANTAS DELIVERS RECORD FIRST HALF PROFIT, INVESTS IN AIRCRAFT AND TRAINING Sydney, 22 February 2018 Underlying Profit Before Tax: $976 million (up 15%) Record results for Qantas Domestic,
More information2012 Coach & Charter Seminar. 21 February 2012 Presented by Amanda Coghlan Strategic Insights Analyst
2012 Coach & Charter Seminar 21 February 2012 Presented by Amanda Coghlan Strategic Insights Analyst Destination NSW Lead Government agency for the NSW tourism and events sectors Established as a statutory
More information75 Years of Thrills and Entertainment. The Rank Group Plc Preliminary Results to 30 June 2012
75 Years of Thrills and Entertainment The Rank Group Plc Preliminary Results to 30 June 2012 Agenda Introduction Ian Burke, chairman and chief executive Review of financial results Clive Jennings, finance
More informationHampton by Hilton Istanbul Atakoy, Turkey HAMPTON BY HILTON. EMEA Development Brochure
Hampton by Hilton Istanbul Atakoy, Turkey HAMPTON BY HILTON EMEA Development Brochure Hampton by Hilton Berlin City Centre Alexanderplatz, Germany Brand overview Hampton by Hilton delivers a friendly and
More informationTHE GROWTH OF THE HOSPITALITY INDUSTRY IN DUBAI
THE GROWTH OF THE HOSPITALITY INDUSTRY IN DUBAI THE DEFINITION OF TOURISM Tourism is travel for recreational, leisure or business purposes. The World Tourism Organization defines tourists as people "traveling
More informationMinistry of Land, Infrastructure, Transport and Tourism Airport Forum. Jetstar Presentation 8 March 2011
資料 5 Ministry of Land, Infrastructure, Transport and Tourism Airport Forum Jetstar Presentation 8 March 2011 Welcome to Jetstar Jetstar is the leading Asia Pacific LCC Continuously profitable since 2004
More informationForward-looking Statements
September 21, 2011 Forward-looking Statements This presentation contains certain forward-looking statements with respect to the Corporation. These forward-looking statements, by their nature, necessarily
More informationJP Morgan Internet Conference. Michelle Peluso. New York March 13, 2006 C O N F I D E N T I A L
JP Morgan Internet Conference Michelle Peluso New York March 13, 2006 2005 Accomplishments & Financial Results 2 Travelocity 2005 Accomplishments Acquired lastminute.com, significantly increasing scale
More informationMARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING. March 21, 2017
MARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING March 21, 2017 FORWARD LOOKING STATEMENTS, NON GAAP FINANCIAL MEASURES, AND INFORMATION FOR 2016 AND 2015 This material contains forward looking statements
More informationFourth Quarter and Full Year 2011 Results Presentation. February 1, 2012
Fourth Quarter and Full Year 2011 Results Presentation February 1, 2012 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating
More informationMore information at
Report Information More information at https://www.htfmarketreport.com/reports/1266534 Global Flight Control Computer Market Research Report 2018 Report Code: HTF1266534 Pages: 91 Price: 1-User PDF : $
More informationTable of Contents. Acknowledgements. Executive Summary. Introduction Scope of the Study. 1 Introduction to Russia
Table of Contents Acknowledgements Executive Summary Introduction Scope of the Study 1 Introduction to Russia 1.1 Country Overview 1.1.1 Geographical and Cultural Diversity 1.1.2 Wealth of Mineral Resources
More informationFor personal use only
HELLOWORLD ANNOUNCES RESULTS FOR THE YEAR ENDED 30 JUNE 2014 HIGHLIGHTS Total Transaction Value (TTV) of $4.9 billion Adjusted EBITDAI (1) of $40.6 million Loss before tax of $61.2 million includes the
More informationOutlook for air travel markets
Outlook for air travel markets June 2016 Brian Pearce Chief Economist International Air Transport Association Extended period of strong air travel market growth 30% 25% 20% 15% 10% 5% 0% -5% -10% -15%
More informationTUI AG Extraordinary General Meeting, 28 October 2014 Friedrich Joussen, CEO. Seite 1
TUI AG Extraordinary General Meeting, 28 October 2014 Friedrich Joussen, CEO Seite 1 The new TUI: The world s number one integrated leisure tourism business Customers: 5 million customers Research Customer:
More informationFY2015 2nd Quarter Business Results
FY2015 2nd Quarter Business Results Project AH A MAY products Yamaha Corporation and Yamaha Motor Co., Ltd. make products by exchanging the design divisions and their design fields, and present a joint
More informationJune TEQ Marketing Strategy 2025 Executive Summary
June 2017 TEQ Marketing Strategy 2025 Executive Summary Vision and The Opportunity Tourism and Events Queensland s (TEQ) Marketing Strategy 2025 provides a platform to realise the TEQ vision of inspiring
More informationThe success story continues
1 The success story continues LANXESS Media Day 2017 Matthias Zachert Michael Pontzen Cologne, September 5, 2017 Safe harbor statement The information included in this presentation is being provided for
More informationQantas Airways Limited. Nomura Conference 30 November Qantas Group. Gareth Evans Chief Financial Officer
Qantas Airways Limited Nomura Conference 30 November 011 Qantas Group Gareth Evans Chief Financial Officer The Qantas Group Our Operations Qantas Group is the eleventh largest airline in the world based
More informationBuilding Long Term Shareholder Value
Building Long Term Shareholder Value Gareth Evans, CFO Macquarie Conference 6 May 2011 Sustainable Returns to Shareholders Leverage dual brands to build on competitive advantage International business
More informationTried & True Markets: France Germany UK
Tried & True Markets: France Germany UK Agenda Facts & Figures: France Germany UK A huge piece of the European cake! The characteristic travelers from France, Germany & UK Summary & general tips Questions
More informationPress Release. Bilfinger 2017: Stable foundation laid for the future
Press Release February 14, 2018 Bilfinger 2017: Stable foundation laid for the future Organic growth in orders received after three years of decline Trend reversal: Output volume better than expected Growth
More informationEASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER easyjet delivers a good start to the year, in line with expectations
EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2018 easyjet delivers a good start to the year, in line with expectations Summary easyjet has delivered a good performance in the quarter with
More informationlastminute.com Group Milan November 2018
lastminute.com Group Milan November 2018 lastminute.com Group Overview A journey of growth and diversification addressed to long-term value maximisation 4 We have a global footprint Context lmn group
More informationOVERVIEW. Holidays.ch boosts holiday bookings for major airlines PEAKWORK CASE STUDY: HOLIDAYS.CH. Powered by Peakwork s Dynamic packaging solution
PEAKWORK CASE STUDY: HOLIDAYS.CH Holidays.ch boosts holiday bookings for major airlines Powered by Peakwork s Dynamic packaging solution State: February 2018 BACKGROUND Many international airlines are
More informationGordon Wilson President and Chief Executive Officer December 17, 2015
Gordon Wilson President and Chief Executive Officer December 17, 2015 Creating long-term shareholder value Strong core Differentiated focus Leading technology Truly global Focused on the markets that need
More informationLatest Tourism Trends. Humphrey Walwyn Head of VisitEngland Research
Latest Tourism Trends Humphrey Walwyn Head of VisitEngland Research 1 Inbound Tourism 2 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 UK inbound long term trend Spend per visit
More informationRamsay Health Care Limited Results Briefing Half Year ended 31 December 2018
Ramsay Health Care Limited Results Briefing Half Year ended 31 December 2018 Craig McNally, Group Managing Director & Bruce Soden, Group Finance Director 28 February 2019 ramsayhealth.com Agenda Group
More informationTourism as an Economic Pillar. Mary Vrolijk 25 September 2015
Tourism as an Economic Pillar Mary Vrolijk 25 September 2015 Tourism Trends. Tourism: a key role player in economies. Spinoff effects: Job creation, New small and medium enterprises(sme s), Country competiveness,
More informationTravel and Tourism in Canada to 2017
Travel and Tourism in Canada to 2017 Improving Economic Conditions and Government Efforts to Promote Tourism Will Support Growth Report Code: TT0106MR Publication Date: September 2013 www.timetric.com
More informationUBS 14 th Global Emerging Markets Conference. New York, November 2016
UBS 14 th Global Emerging Markets Conference New York, November 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating
More informationSTATEMENT TO AUSTRALIAN SECURITIES EXCHANGE - May 23, 2016 FLIGHT CENTRE TRAVEL GROUP ON TRACK FOR RECORD
STATEMENT TO AUSTRALIAN SECURITIES EXCHANGE - May 23, 2016 FLIGHT CENTRE TRAVEL GROUP ON TRACK FOR RECORD SALES BUT PROFIT LIKELY TO BE BELOW INITIAL GUIDANCE THE Flight Centre Travel Group (FLT) expects
More informationGCE A level 1083/01 BUSINESS STUDIES BS3
GCE A level 1083/01 BUSINESS STUDIES BS3 P.M. THURSDAY, 14 June 2012 2 hours 1083 010001 ADDITIONAL MATERIALS In addition to this examination paper, you will need: a calculator; a 12 page answer book.
More informationService Fees & Commission Cuts
Service Fees & Commission Cuts Opportunities and Best Practices for Travel Agencies Amadeus Research Paper TOPS Marketing June 2007 1 Index 1. Some definitions 2. Disappearance of commission across markets
More informationGlobal economy and aviation do we have room to grow?
Global economy and aviation do we have room to grow? 18 January 2017 Brian Pearce Chief Economist, IATA Airline Industry Economics Advisory Workshop 2016 1 Room to grow? Looking through the cycle Potential
More informationFrankfurt am Main. The world s leading trade fair for lighting and building services technology. Inspiring tomorrow.
18 23. 3. 2018 Frankfurt am Main The world s leading trade fair for lighting and building services technology Inspiring tomorrow. 2 Digital future meets design hotspot: Showcase your offer at Light + Building
More informationFY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11%
Information meeting FY 2009-10 key data Revenues in bn Operating result in m 78% Passenger 16.3-13.6% -918 11% Cargo 2.4-27.8% -436 5% Maintenance 1.0-4.0% +81 6% Other 1.3-12 -10.4% 2 Our industry is
More informationDNE SUMMIT 101. Discover New England International Travel & Tourism.
DNE SUMMIT 101 Discover New England International Travel & Tourism Discover New England (DNE) A multi-state cooperative marketing effort to generate travel from overseas visitors Established in 1992: the
More informationA competitive future for destination Australia
A competitive future for destination Australia Tourism Futures Conference, October 4 2005 Scott Morrison, Managing Director A changing environment Increased Competition Technological Change Evolving Consumer
More informationBooking a holiday. Foresight issue 151. VisitBritain Research
Booking a holiday Foresight issue 151 VisitBritain Research 1 Contents 1. Introduction 2. Summary 3. How are travel and accommodation booked? 1. Booked separately or together 2. Booked direct with provider
More informationTUI GROUP. 9 month results to 30 June 2016
11 August 2016 TUI GROUP 9 month results to 30 June 2016 Good Q3 performance, further demonstrating the resilience of our vertically integrated model, coupled with the delivery of our growth plans and
More informationIntra-African Air Services Liberalization
Intra-African Air Services Liberalization James Wiltshire Senior Economist, www.iata.org/economics To represent, lead and serve the airline industry Aviation connects African businesses to world markets
More information01 Amadeus at a glance
01 Amadeus at a glance 7 Amadeus Annual Report 2011 1.1 Company s origins and development Most people associate the birth of electronic commerce distribution with the arrival of the internet. In fact,
More information2012 Result. Mika Vehviläinen CEO
2012 Result Mika Vehviläinen CEO 1 Agenda Market environment in Q4 Business performance and strategy execution Outlook Financials 2 Market Environment According to IATA, Global air travel continues to
More informationTourism Snapshot. A focus on the markets in which the CTC and its partners are active. January 2013 Volume 9, Issue 1.
Tourism Snapshot Nathan Phillips Square Skating Rink at City Hall Francisco Pardo A focus on the markets in which the CTC and its partners are active www.canada.travel/corporate January 2013 Volume 9,
More information1 INTRODUCTION 2 FACTS & FIGURES 3 DID YOU KNOW? 4 HISTORY 5 SENIOR MANAGEMENT 6 CONTACT INFORMATION
1 INTRODUCTION 2 FACTS & FIGURES 3 DID YOU KNOW? 4 HISTORY 5 SENIOR MANAGEMENT 6 CONTACT INFORMATION 3 5 7 8 9 11 2 INTRODUCTION Hotelbeds Group is the world s number one bedbank and a business-to-business
More informationFOREIGN TRAVEL PROFESSIONAL SURVEY ABOUT ICELAND TOURISM. September 2018
FOREIGN TRAVEL PROFESSIONAL SURVEY ABOUT ICELAND TOURISM September 2018 Fieldwork summary Promote Iceland carried out an attitude survey in July and August 2018 amidst foreign travel professionals that
More informationCanada s Travel and Tourism Industry
Canada s Travel and Tourism Industry The NRTT represents the full value chain of Canada's $82 billion travel and tourism sector TRAVELERS Air Cruise Lines Train Auto Lodging Food Retail Leisure Outdoor
More informationRevenue is broken down below by geographical area: North America and the Pacific Area Italy Other European countries
1.3 Business Revenue by geographical area Revenue is broken down below by geographical area: (Em) 2013 2012 2012 North America and the Pacific Area exchange rates 2,077.7 2,124.9 (2.2%) 1.3% Italy 1,154.1
More informationBilfinger Engineering and services: Group transformation bearing fruit
Bilfinger Engineering and services: Group transformation bearing fruit Roland Koch Chief Executive Officer Bilfinger SE, Mannheim March 13, 2013 Successful financial year 2012 Increase in output volume
More informationHandelsbanken Nordic Large Cap Seminar
Handelsbanken Nordic Large Cap Seminar BJÖRN ROSENGREN, PRESIDENT AND CEO 10 SEPTEMBER 2012 Wärtsilä This is Wärtsilä POWER PLANTS SHIP POWER SERVICES 2 Wärtsilä Global net sales - top 10 countries Norway
More informationBenchmarking Travel & Tourism in United Arab Emirates
Benchmarking Travel & Tourism in United Arab Emirates How does Travel & Tourism compare to other sectors? Summary of Findings, November 2013 Sponsored by: Outline Introduction... 3 UAE summary...... 8
More informationA diversified and growing media organisation. David Kirk, Chief Executive Officer
A diversified and growing media organisation David Kirk, Chief Executive Officer Macquarie Australian Conference May 2008 From metro publisher to leading multi-media company Unrivalled capability in digital
More information