TUI Group's cruise ships are on the road to success

TUI Group's cruise ships are on the road to success

May 09, 2018 - The listed TUI Group can look back on a strong first half of the year. Sales grew by 7,2 percent to 6,81 billion euros. The bookings meet the expectations of the board of directors, and the three cruise companies belonging to the group are apparently also giving management a lot of pleasure.

Just in time for today's investor day in Hamburg at the brand new Mein Schiff 1, the company reports excellent figures. The CEO of TUI Group, Fritz Joussen, can be quoted as follows: “Our growth continues, all trends are intact and the very good bookings for summer 2018 fully meet our expectations. With 26 percent growth in operating profit and 2018 percent growth in sales, the TUI Group closed the first half of the XNUMX financial year with very good figures and we are confirming the outlook for the year as a whole ".

Feel good on Mein Schiff 4

Feel good on Mein Schiff 4

The group's three cruise subsidiaries contributed to the good results.

The division's adjusted EBITA rose by 23,2 percent to 92,4 million euros (previous year: 75,0 million euros). The realized ones are far more interesting Degree of utilization. They vary by brand:

TUI Cruises 98,9 percent (previous year 99,7 percent;

Marella Cruises (formerly Thomson) 99,6 percent (previous year 99,6 percent);

Hapag-Lloyd Cruises 76,4 percent (previous year 73,8 percent).

The determined average rates per day per passenger are also revealing:

TUI Cruises 148 euros (previous year 147 euros);

Marella Cruises (formerly Thomson) £ 136 (previous year £ 127);

Hapag-Lloyd Cruises 600 euros (previous year 595 euros).

Discover with MS Hanseatic

Discover with MS Hanseatic

Numbers to feel good. With regard to TUI Cruises, it should be noted that the company is a joint venture between the TUI Group and the world's second largest cruise company Royal Caribbean.

As a reward for their good performance, the cruise subsidiaries receive additional ships. They will be introduced to fleets in 2018, 2019 and 2023. Yesterday, the TUI Group's Supervisory Board and Executive Board gave the go-ahead for the construction of a third expedition ship for Hapag-Lloyd Cruises. A new ship in the Hanseatic class is planned.





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