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TUI: Hotels and Resorts portfolio to grow to 600 hotels in the midterm
First hotel of the fund in Zanzibar to be positioned in the upper market segment under new brand "The Mora".
TUI: Hotels and Resorts portfolio to grow to 600 hotels in the midterm

TUI Group sees further potential in the leisure hotel industry and plans to expand its portfolio for its customers from 424 hotels to 600 hotels in the midterm. TUI Hotels & Resorts is one of the growth drivers of the international tourism group based in Hanover. Since mid-2022, the segment has consistently generated positive results above the respective pre-pandemic levels.

In financial year 2023, 41 new hotels have been added to the growth pipeline driven by a combination of investment partnerships, management and franchise agreements. TUI will focus on a portfolio of 12 hotel brands powered by a global distribution platform to support its expansion targets. TUI's portfolio includes global hotel brands such as RIU, Robinson, TUI Blue and TUI Magic Life as well as regional brands such as Atlantica, Grupotel, Iberotel and Akra. The global hotel fund plays a key role in the development of new hotel projects. It offers institutional investors an investment in hotel properties that are operated with the expertise of TUI and its internationally renowned brands.

Image Credit: © TUI Group


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