TUI Group definition

TUI Group means TUI AG and all companies majority-owned, directly or indirectly, by TUI AG, whether domestic or foreign, and of any other shareholdings, where management control directly or indirectly lies with TUI AG (“Managed Group Companies”) and includes Joint Ventures, even if management control does not lie with TUI AG (“Non-Managed Group Companies”).
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TUI Group means TUI and its subsidiaries;
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Examples of TUI Group in a sentence

  • Both the Meliá Hotels International and TUI Group are international resort operators that are publicly listed.

  • Both Meliá Hotels International and TUI Group contracted guaranteed occupancy rates and revenues with each of the resorts.

  • Contract with TUI Group is a guarantee to maintain and further increase these occupancy levels.TRG Group’s turnover increased from EUR 44.8 million in 2013 to EUR 139.4 million in 2015, with the major annual turnover increased in 2014 due to the opening of Meliá Dunas in November 2014 and the recognition of pre-sales revenue.

  • The business divisions of the TUI Group comprising the core business are divided into three sectors: TUI Travel (travel services), TUI Hotels & Resorts (hotel business) and Cruises (Hapag-Lloyd Kreuzfahrten/TUI Cruises).

  • In cumulative figures for the first nine months of the current financial year 2013/14, the seasonal loss (underlying EBITA) of the TUI Group fell by EUR 69.9 million to EUR -182.3 million.

  • The third sector of the TUI Group is formed by the Cruises business operated by Hapag-Lloyd Kreuzfahrten GmbH and TUI Cruises GmbH for the TUI Group.

  • The TUI Group is the largest multinational travel and tourism company that boasts 1,800 travel agencies, six European airlines with 130 aircraft and over 300 hotels and 14 cruise ships.

  • In its last financial year 2012/13, the TUI Group generated (consolidated) turnover of approx.

  • As the link between tour operators and hotel partners, the hotel business led by TUI AG ensures the strong positioning of the hotel brands within the TUI Group and among the competition.

  • The resources available to the TUI Group will enable an acceleration of the development of new content, driving and broadening the range of unique holiday experiences that TUI Travel can deliver to new customers, thereby enhancing the TUI Group's top line growth.

Related to TUI Group

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Promoter Group means an immediate relative of the Promoter (i.e. spouse of that person, or any parent, brother, sister or child of the person or of the spouse); persons whose shareholding is aggregated for the purpose of disclosing in the offer document “shareholding of the promoter group”.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • DBS Group means any of DBS’s subsidiaries, DBS’s holding company and any subsidiaries of DBS’s holding company;

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • VAT Group means a group as defined in Section 15 of the Value Added Tax Consolidation Xxx 0000 and any similar VAT grouping arrangement in any other jurisdiction.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • Supplier Group means the Supplier and its Affiliates from time to time and "Supplier Group Company" means any company or corporation within the Supplier Group;

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Member means a member of the Board;

  • Minority Group means any of the following racial or ethnic groups:

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Residentia Group means Residentia Group Pty Ltd of 165 Barkly Avenue Burnley VIC, ACN 600 546 656 in respect of Appliances purchased in Australia;

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Distributor / Distribution Company means Company(ies), Firm(s), Sole Proprietorship concern(s), individual(s), Banks or any other Financial Institution appointed by the Management Company under intimation to the Trustee for performing any or all of the Distribution Functions and who are registered with MUFAP as Registered Service Providers. The Management Company may itself also performs the Distribution Function.

  • Affiliated Group means any affiliated group within the meaning of Section 1504(a) of the Code or any similar group defined under a similar provision of state, local or foreign law.

  • AMC means Annual Maintenance Contract