TUI Travel Share Price (TT) - Buy TT Shares

This is a relatively new company as it was only formed in September 2007 when the travel giants First Choice Holidays PLC successfully merged with the Tourism Division of TUI AG. Today the company has become one of the most popular international travel groups in the world and offers holidays and leisure experiences in over 200 countries. The company as a whole is divided into four distinct sectors – each of which offers their own services and holiday destinations. The largest sector is made of up tour operators across the UK and Europe and comprises of over 3500 travel shops and outlets.

As a Group, TUI Travel PLC includes a large number of brand name travel operators including First Choice Holidays, Thomson and Airtours and as such services over 30 million customers annually. Throughout their first year, TUI Travel have continued to expand and recently ordered over 60 new aircraft to cope with demand. They have branched out into new territories and into new markets with the Activity Sector offering marine, adventure, sports and skiing holidays around the world. Their average share price has continued to remain steady even with the reported decline in foreign holiday bookings and as yet it would seem that TUI Travel PLC has been unaffected by the present economic climate. In fact, since merging, the company has seen a revenue increase of 9% and an operating profit increase of over 50% which can only mean good news for shareholders.