TUI: Bernd Kaiser succeeds Thomas Pietzka as Managing Director of TUI Hotels & Resorts
- Responsibilities include property management and new hotel fund
- TUI Hotels & Resorts will retain its proven structure
The management team of TUI Hotels & Resorts has been repositioned. From April 1, 2022, Bernd Kaiser will complete the dual management of the hotel segment of the TUI Group. He succeeds Thomas Pietzka, Managing Director TUI Hotels & Resorts and Cruise Joint Ventures, who has decided to leave the Group to take on new professional challenges. Bernd Kaiser, previously group treasury director, is a long-serving manager of TUI and brings extensive experience in mergers and acquisitions, corporate development, finance and treasury to his new role as successor.
TUI Hotels & Resorts will retain its proven structure. Bernd Kaiser’s unit will continue to manage the group’s own hotel assets and joint venture investments, as well as drive portfolio development and investments. In addition, his team will be responsible for advising the global hotel fund launched earlier this year. The solid financing and investment structure allows for further growth of the hotel sector, but in a less capital-intensive way.
Growth and long-term partnerships as well as portfolio adjustments and efficiency improvements have been decisive factors in making the hotel sector one of the main pillars of the group’s turnover in recent years. “Thomas Pietzka has been instrumental in the successful development of TUI’s hotel business over the past ten years. Under his leadership, the division more than doubled its operating profit between 2013 and 2019,” says Peter Krueger , member of the Board of Directors of TUI AG responsible for group strategy and mergers and acquisitions, as well as the assets of the airlines, cruises and hotels of TUI and JV. “We wish him every success and all the better for his professional and private future and to Bernd Kaiser a good start in his new role.”
About the TUI Group
TUI Group is a leading global tourism group and operates worldwide. The group is headquartered in Germany. TUI shares are listed on the FTSE 250, an index of the London Stock Exchange, on the regulated market of the Hanover Stock Exchange and on the Open Market segment of the Frankfurt Stock Exchange. The TUI Group offers integrated services from a single source for its 28 million customers, including 21 million in European national companies.
The entire tourism value chain is covered under one roof. This includes over 400 hotels and resorts with premium brands such as RIU, TUI Blue and Robinson and 16 cruise ships, from MS Europa and MS Europa 2 in luxury class and expedition ships to the Mein Schiff fleet of TUI Cruises and cruise ships at Marella Cruises in Great Britain. The group also includes leading tour operator brands and online marketing platforms across Europe, five airlines with over 100 modern medium and long-haul aircraft and over 1,000 travel agencies. In addition to extending its core business to hotels, cruises through successful joint ventures and activities in holiday destinations, TUI is increasingly focusing on expanding digital platforms. The Group is transforming into a digital company.
Global responsibility for sustainable economic, ecological and social action is at the heart of our corporate culture. The TUI Care Foundation, initiated by TUI, focuses on the positive effects of tourism, on education and training and on strengthening environmental and social standards with projects in 25 countries. It thus supports holiday destinations in their development.
Spokesperson for Hotels & Resorts
TUI Blue and TUI Suneo
+49 (0) 511 566 6029
TUI-AG published this content on March 31, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on March 31, 2022 06:35:08 UTC.
Public now 2022
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