Thomson/TUI – Packaging dreams
The history of Thomson Holidays 1
begin
in 1965, when the entrepreneur Lord Thomson
2
buy three travel companies – Britannia
Airways, Riviera Holidays and Skytours. It was the
right time to invest in tourism. Over the previous
decade, demand for holidays in the sun had risen
steadily and the package holiday industry
3
booms . Lord Thomson continued to develop
the concept and 4
introducete winter sun and
cruise package holidays to the UK mass market.
In 1972, the three travel companies were merged
into one company – the Thomson Travel Group –
and the brand name ‘Thomson Holidays’
5
create . The Thomson Travel Group
6
launcher on the London Stock Exchange in
1998 with a valuation of £1.7 billion. The group
7
acquirece by a German corporation in 2000
and renamed TUI AG. Thomson Holidays then
8
become part of TUI UK.
Despite intense competition, TUI UK’s market share
9
growes and the company has continued to
be successful. Recently, the group 10 launcerh
a new graduate training development programme,
which is considered to be one of the best in the
industry. Thomson 11 still package
dreams for the mass market at the beginning of the
21 st century and if you 12 look for a career in
tourism, it could be a good place to start.
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Answers & Comments
Thomson/TUI – Packaging dreams
The history of Thomson Holidays 1
begin
in 1965, when the entrepreneur Lord Thomson
2
buy three travel companies – Britannia
Airways, Riviera Holidays and Skytours. It was the
right time to invest in tourism. Over the previous
decade, demand for holidays in the sun had risen
steadily and the package holiday industry
3
booms . Lord Thomson continued to develop
the concept and 4
introducete winter sun and
cruise package holidays to the UK mass market.
In 1972, the three travel companies were merged
into one company – the Thomson Travel Group –
and the brand name ‘Thomson Holidays’
5
create . The Thomson Travel Group
6
launcher on the London Stock Exchange in
1998 with a valuation of £1.7 billion. The group
7
acquirece by a German corporation in 2000
and renamed TUI AG. Thomson Holidays then
8
become part of TUI UK.
Despite intense competition, TUI UK’s market share
9
growes and the company has continued to
be successful. Recently, the group 10 launcerh
a new graduate training development programme,
which is considered to be one of the best in the
industry. Thomson 11 still package
dreams for the mass market at the beginning of the
21 st century and if you 12 look for a career in
tourism, it could be a good place to start.