Ling WANG p09259669 Time: 16 December‚ 2010 Summary With TUI Travel PLC group revenue for 2009 was slightly lower than the prior year at £13‚863m (2008: £13‚932m) and adjusted profit kept showed deficit in recent years. TUI Travel needs to take over a company (WH Smith Plc) which has a strong free cash flow to rebalance its financial weaknesses. Simultaneously‚ the operation principles by WH Smith are useful to TUI Plc to keep further profit growth and strong cash generation. This report
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EUROPEAN TOUR OPERATORS 1. Using the PESTEL tool‚ what are the key drivers for change of the macro-environment of European tour operators in the first decade of year 2000? POLITIC NY 9.11 Bomb attack‚ terrorist attack (Bali‚ Djerba) Cote d’Ivoire conflict 2009 African conflicts 2010 (Egypt‚ : strikes for independence‚ Tunisia demonstrations for independence‚ Marocco : Bomb attack Jemaa-el-Fna Place Security controls at the airport => terrorism attacks Expansion of European Union
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FOR TUI: 5.4) ANSOFF MATRIX 6) CONCLUSION 7) REFERENCE 8) APPENDICES 1) INTRODUCTION TUI AG established in 1997‚ is the undisputed leader in the European tourism TUI AG established in 1997‚ is the undisputed leader in the European tourism industry. They operate in over 180 countries worldwide serving more than 30 million customers offering a wide range of leisure travel experiences. They also operate around 240 hotels of which majority is in the 4- or 5- star category. TUI travel
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References: 1. Annual Report. (2008). TUI Annual Report. TUI AG. 2. Johnson G and Scholes K (2010) Exploring Corporate Strategy (9th ed). London: Prentice Hall. World 3. Porter‚ M. E. (1980). How Competitive Forces Shape Strategy. The McKinsey Quarterly ‚34-50. 4. Porter‚ M. E. (2001). Strategy and the Internet. Harvard Business Review‚ 63-79. 5. Porter‚ M. (1987). From Competitive Advantage to Corporate Strategy. Harvard Business Review‚ 43-59 6. TUI website. (n.d.).Retrieved November 6‚ 2009
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segments which still possess potential for growth. The competitive stance analysis of Flight Centre (UK) indicates that the industry still has growing consumer demand. While Flight Centre (UK) is much smaller than the two dominant industry leaders – TUI Travel and Thomas Cook Group‚ its parent company FCTG possess stronger finances‚ which enables Flight Centre (UK) to consider fighting for a bigger market share. The core finding of this report indicates that there exists a huge opportunity in the online
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CASE STUDY European Tour Operators: confronting competition in the tourism industry Eric Viardot European tour operators have managed to achieve a strong position in the tourism industry. Most notably the two biggest ones‚ TUI Travel and Thomas Cook have a large market share. However‚ in the latter part of the decade (2007–10) the industry has experienced a downturn because of the turbulent environment which has created new threats and modified the competitive forces. ● ● ● The tourism
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THE PORTFOLIO ASSIGNMENT PART A: The European Tour Operators Case Introduction The first part of the Portfolio Assignment will include an analysis of the external environment of two large travel companies‚ Thomas Cook and TUI. The three models that will be included and discussed in the first part of the assignment are PESTEL‚ Porter’s Five Forces and Industry Life Cycle. These three models should be done for both of the companies. For this assignment I should also briefly discuss the overall attractiveness
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human in Running Head: Childhood Evaluation Essay Module 2 - Case Childhood Evaluation Essay Ian J.A. Troxell TUI University Childhood Evaluation Essay Deep inside every person’s heart‚ one’s own childhood know-how forges the most precious recollections one has. There could be just o Running Head: Childhood Evaluation Essay Module 2 - Case Childhood Evaluation Essay Ian J.A. Troxell TUI University Childhood Evaluation Essay Deep inside every person’s heart‚ one’s own childhood know-how forges the
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DOZENS of jobs at travel agents in Preston and Leyland could be under threat after a holiday company announced it was shutting 100 stores. Thomson tour holiday operator TUI Travel is undergoing a two-year restructuring process after a merger of TUI’s travel division and First Choice. The company has not said which of its 1‚100 UK stores will be closed or how many jobs are expected to be lost. advertisementTUI will keep the two travel agent brands‚ Thomson and First Choice‚ separate. There
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reservations on many of the Internet ’s leading online travel sites. "The distribution service from Pegasus enabled TUI to create the best arrangement for the needs of our customers. We have been able to choose specific hotel chains and destinations for the TUI Hotel Portal among the thousands of properties in Pegasus ’ database."("Tui Interactive‚" 2004). References TUI interactive Selects Pegasus Solutions For Electronic Hotel Booking Capabilities. (2004‚ Dec 2nd). Business Wire. Retrieved
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