TUI AG revenue 2019-2023, by segment

Published by Statista Research Department, Dec 15, 2023
TUI AG's global revenue experienced a significant annual increase in the 2023 fiscal year, also surpassing the figure reported before the impact of the coronavirus (COVID-19) pandemic. Between October 2022 and September 2023, the Northern region, which includes TUI's tour operations and airlines in the UK, Ireland, and the Nordic countries, was the company's most profitable segment, generating 7.7 billion euros. Overall, TUI's revenue worldwide amounted to roughly 20.7 billion euros in 2023.

Revenue of TUI AG worldwide from 2019 to 2023, by segment (in million euros)

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Source

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Release date

December 2023

Region

Europe

Survey time period

2019 to 2023

Special properties

fiscal year ending September 30

Supplementary notes

Figures prior to 2022 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 included the Canadian strategic venture Sunwing, which sold its tour operation business in May 2023.

  • 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.
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