TUI AG revenue by segment 2022

TUI AG's global revenue bounced back in 2021/2022 after dropping sharply in the previous two fiscal years due to the coronavirus (COVID-19) pandemic. Despite the sharp annual increase, the group's earnings remained below pre-pandemic levels, totaling roughly 16.5 billion euros between October 2021 and September 2022. Over that period, the Northern region segment, which includes TUI's tour operations and airlines in the UK, Ireland, and the Nordic countries, generated the highest revenue. Specifically, earnings from that market amounted to over 6.3 billion euros in 2021/2022, nearly catching up with the figure reported in 2018/2019.

Revenue of TUI AG worldwide from 2018 to 2022, by segment (in million euros)

Characteristic	Northern region	Central region	Western region	Hotels and resorts	TUI Musement	Cruises	Other segments
-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

December 2022

More information

Region

Europe

Survey time period

2018 to 2022

Special properties

fiscal year ending September 30

Supplementary notes

Figures prior to 2020/2021 were previously published by the source. The source specifies that:

Northern region: comprises tour operator activities and airlines in the UK, Ireland, and the Nordics. This segment also includes the Canadian strategic venture Sunwing.

Central region: comprises the tour operators and airlines in Germany and the tour operator activities in Austria, Poland, and Switzerland. The tour operator in Italy was closed in 2020.

Western Region: comprises the tour operators and airlines in Belgium and the Netherlands, and the tour operator activities in France.

Hotels and resorts: includes hotels majority-owned by TUI, joint ventures with local partners, stakes in companies giving TUI significant influence, and hotels operated under management contracts.

Cruises: consists of the joint venture TUI Cruises, the former subsidiary Hapag-Lloyd Cruises, transferred to the joint venture TUI Cruises in July 2020, and Marella Cruises.

TUI Musement (previously Destination Experiences): delivers local services at TUI holiday destinations around the world.

All other segments: includes TUI business activities for the new markets, TUI AG's corporate center functions, the interim holdings, the group's real estate companies, and the Group's key tourism functions.