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TUI Travel Looks Beyond Europe for Clients

HANOVER, Germany — German travel group TUI is eyeing a new wave of holidaymakers from emerging countries such as Brazil, Russia, India and China for future growth after setting out plans to exit its shipping interests.

TUI, which controls Europe's largest travel group TUI Travel, said a deal Tuesday to sell part of its stake in shipper Hapag-Lloyd with the option either to float or sell the rest to other investors was an important step in its long-held aims to cut debt and focus on tourism activities.

Chief executive Michael Frenzel said TUI would now look at bringing holidaymakers from countries such as China, Russia, Ukraine and also India and Brazil to Europe.

TUI last year became the first European tour operator to win a license to organize international travel for Chinese holidaymakers, who industry experts expect will overtake Germans as the world's biggest spenders on holidays within the next few years.

Small Business Exit Strategy Plan Tip 1 of 4 - Preparing to Sell Your Business

www.bizsalekits.com A small business exit strategy plan is essential to have completed and accessible when preparing to sell your business. Ensure ...

Why have an exit strategy? « Richelo Killian

I read, almost daily, business plans from new online businesses, where the actual business plan is to be bought out by someone like Google or FaceBook. This is affectionately called the business “exit strategy”. It seems like every business started today, especially online ones, has one goal … Be bought out....

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This volume shows the owners of private businesses how to plan for the most important event in their business lives - a successful exit from their businesses.

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An exit strategy is not a plan for failure. It is a plan for success. Developing an exit strategy before you write your business plan will enable you to make the best decisions for your business. When von have read the following pages, ...

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Source: Adapted from Timothy S. Hatten, Small Business Management: Entrepreneurship and Beyond, 4th ed. Copyright © 2009 by Houghton Mifflin Company, 93–118. ... Exit Strategy. Discussion of a succession plan or going public.

exit strategy in business plan - News


US: When timing is all
US: When timing is all The hearing on Fed exit strategy was scheduled for early in February but postponed after some of the worst blizzards in years buried Washington under a metre of snow. It was still not apparent on March 25 when Mr Bernanke did speak, but during those

Planning your business exit strategy
Your business and personal wealth are intertwined. Business owners that take the time to plan a successful transition of their business may maximize the value of their company, potentially minimize their taxes, and develop a well-designed strategy for

Juniper Networks CEO: We're In Execution Mode
Every partner has their own business plan and their own strategy and that's perfectly fine. The fact that partners understand what's going to make them profitable in their business, we're respectful of the way they want to run that business.

Finding Your Financing: Is Angel Investment Realistic?
Third, you need a believable exit strategy. And you need to be able to convince investors you really want that. Investors don't want just a small piece of a healthy growing business; they don't make money unless that business wants to be sold in a few

University Patents and Our Forgotten Entrepreneurs
University Patents and Our Forgotten Entrepreneurs These small businesses don't have equity to give to the university since there's no “exit strategy.” These small business entrepreneurs don't dream of big riches. They dream of being their own boss, making payroll, feeding their families, and spending