Tuesday, May 12, 2009

TUI Online Destination Services Group - digging for details - UPDATED

Update to a post from March 2009. Am trying to collect as much information in one place about the TUI Online Destination Services group. Update drawn from TUI Q1 2009 trading update. Includes a link to a new corporate site (at least one I have not seen before) for the TUI ODS. In turn this points to a one page pdf profile document (called a fact sheet - link will open a pdf). Confirms much of the below but also adds that:

  • the ODS headquarters is in Palma Spain; and

  • "employs circa 8,000 people worldwide"
The "Financial Highlights" Section reports the following

FY07

FY08

Change

Revenue

£455mm

£502mm

+10.3%

Profit/Loss bf tax

£49mm

£57mm

+16.3%


And here is the original post



Yesterday's post of AsiaRooms spurred some BOOT readers to dig around for more information on the TUI Online Destination Services group. I had initially assumed this group to be focused exclusively on online distribution for TUI (as the name implies. Seems there is more to it. This is the group at TUI that is responsible for B2B and B2C. Here is the introductory paragraph from the ODS page on the TUI Travel PLC 2008 Annual Report & Accounts website.

"Online Destination Services combines a portfolio of B2B and B2C businesses providing destination services to tour operators, travel agencies and individual clients worldwide. This includes selling hotel accommodation, organising meetings, incentives, conferences and events (MICE), as well as providing port services, turnarounds and shore excursions to cruise lines."
Shows there is a strong but not exclusive online bent to the business. Goes on to set out three divisions within ODS.



B2B HotelBeds - online accommodation and offline destination services through:

B2B Portfolio Incoming - "network of destination agencies worldwide and includes brand" (not sure what that means). Includes

Combined 2008 online results - 18,298,000 bed nights (not room nights) (up 6% y-o-y)



B2C - Online to consumer. Three brands (as we discussed yesterday):

2008 online results - 6,966,000 bed nights (not room nights) (down 6% y-o-y)



Combined ODS - 2008 underlying profit GBP57.4mm up from GBP49.2mm in 2007



SamIAm also sent through another link for a different profile page for the ODS. At the bottom of this page is a drop down box listing the following (as of date fo this post) as brands for the business. Here is the list of TUI ODS brands from that link:

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