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TUI Hotels&Resorts with 15 new complexes in 2002

The portfolio of hotels in which TUI Hotels & Resorts has a holding will grow by 15 in 2002. The new hotels run by…

The portfolio of hotels in which TUI<.> Hotels & Resorts has a holding will grow by 15 in 2002. The new hotels run by RIU, Robinson, Grecotel, Grupotel, Magic Life and other holdings open their doors in Spain, Greece, Turkey, Tunisia, Egypt, Morocco, Mexico and the Dominican Republic. This will expand our portfolio to around 300 hotels by 2003, says Peter Seeger, divisional director for World of TUI Hotels & Resorts.

Three RIU hotels already opened in spring: the four-star Club Hotel RIU Bachata in the Dominican Republic (Puerto Plata) with 1220 beds, the RIU Jalisco Club Hotel in Mexico with 1472 four-star beds, and the Hotel RIU Garoe in north Tenerife with 360 beds and four stars. RIU is also expanding in Morocco where the RIU Tikida Beach Hotel (466 beds) and the RIU Tikida Dunes Club Hotel with 600 beds will open in November. Both of these four-star hotels lie directly on the beach.

Magic Life, the all-inclusive brand of TUI Hotels & Resorts is expanding in Egypt and Greece – the Magic Life Sharm El Sheikh Imperial Club (1042 beds) and the Magic Life Rhodos Classic Club (960 beds) were opened in spring 2002 and are also located directly on the beach. All of the Magic Life clubs offer all-inclusive holidays encompassing food and drink, sports and sport highlights, kids and teens, fitness and wellness, as well as entertainment and events.

Grecotel, the largest hotel company in Greece, and Grupotel, the Balearic specialist of TUI Hotels & Resorts, each opened a new hotel in spring 2002. The five-star Grecotel Kos Imperial was built in Greek-village style. The 700 beds are located in the main building and several bungalows lying in a generous park with an exotic pool paradise. Most of the rooms have direct views to the crystal clear Aegean. The new four-star Grupotel Macarella-Aparthotel adds a seventh complex to the chain on Minorca. The resort lies near the sandy bay of Cala`n Bosch and features 256 beds in generous apartments with up to 74 square metres.

The strategic objective of our hotel brands is to secure bed capacities in large and important destinations, says Peter Seeger. They also underpin the Group`s World of TUI quality strategy. It is well known adds Seeger that the perceived quality of the tour operator products and the holiday experience overall is around 75 per cent dependent on the stay in the hotel. Our hotel brands therefore play an extremely important part in the tourism value chain, confirms Seeger.

TUI Hotels & Resorts currently has 285 hotel holdings in 30 countries with over 150,000 beds. The hotel operations which include the RIU, Grecotel, Grupotel, Dorfhotel, ROBINSON, Magic Life and Iberotel brands, are primarily located around the Mediterranean and concentrated in Spain (113 complexes). The lion`s share of the hotels and resorts (nearly two thirds) are in the four-star category. Over 20 per cent have three stars, and over ten per cent are classified as five-star hotels.

The World of TUI Hotels & Resorts segment boasted a turnover of over 1 billion Euro and 26.5 million overnight stays in 2001.

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