About TUI Cruises
TUI Cruises is a company based in Hamburg (Germany) founded in 2008.. The company has 749 employees as of December 31, 2021. TUI Cruises has completed 1 acquisition, including Hapag-Lloyd Cruises. TUI Cruises offers products and services including Cruise Services, Shore Excursions, and Wellness Programs. TUI Cruises operates in a competitive market with competitors including Dreamlines, Mein Schiff, mySea, E-Hoi and Seascanner, among others.
- Headquarter Hamburg, Germany
- Employees 749 as on 31 Dec, 2021
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Sectors
Travel & Hospitality
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Email
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Phone
*********
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Website
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Social
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- Legal Name Tui Cruises
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Annual Revenue
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Net Profit
$-906.74 M (USD)-283as on Dec 31, 2020
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EBITDA
$-905.06 M (USD)-282as on Dec 31, 2020
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Latest Funding Round
$2.51 M (USD), Grant
Nov 08, 2022
- Investors
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Employee Count
749
as on Dec 31, 2021
- Investments & Acquisitions
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Products & Services of TUI Cruises
TUI Cruises offers a comprehensive portfolio of products and services, including Cruise Services, Shore Excursions, and Wellness Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides ocean cruises with inclusive amenities for global exploration
Offers guided trips to destinations for adventure and discovery
Includes saunas and fitness activities on board for relaxation
Funding Insights of TUI Cruises
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $2.5M
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First Round
First Round
(01 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Grant - TUI Cruises | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - TUI Cruises | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TUI Cruises
TUI Cruises has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TUI Cruises
TUI Cruises has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hapag-Lloyd Cruises. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cruises and shore excursions are operated globally.
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1891 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TUI Cruises
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tui Cruises Comparisons
Competitors of TUI Cruises
TUI Cruises operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dreamlines, Mein Schiff, mySea, E-Hoi and Seascanner, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cruises are searched, compared, and booked through an online platform.
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| domain | founded_year | HQ Location |
Offers cruise vacations to worldwide regions with onboard amenities and excursions.
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| domain | founded_year | HQ Location |
Online platform for booking berths in marinas, buoy fields, and jetties.
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| domain | founded_year | HQ Location |
An online platform for booking cruises and travel experiences.
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| domain | founded_year | HQ Location |
Online platform for searching, booking, and comparing cruises worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tui Cruises
Frequently Asked Questions about TUI Cruises
When was TUI Cruises founded?
TUI Cruises was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Where is TUI Cruises located?
TUI Cruises is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Who is the current CEO of TUI Cruises?
Wybcke Meier is the current CEO of TUI Cruises.
How many employees does TUI Cruises have?
As of Dec 31, 2021, the latest employee count at TUI Cruises is 749.
What does TUI Cruises do?
The platform was established in 2008 in Hamburg, Germany, within the online travel sector. Cruises are searched by users based on region, destination, ship type, and passenger numbers. Bookings are completed through the site using online payment methods. Operations focus on facilitating ticket reservations for various cruise itineraries across global destinations. Leadership is provided by CEO Wybcke Meier.
Who are the top competitors of TUI Cruises?
TUI Cruises's top competitors include Dreamlines, Mein Schiff and mySea.
What products or services does TUI Cruises offer?
TUI Cruises offers Cruise Services, Shore Excursions, and Wellness Programs.
How many acquisitions has TUI Cruises made?
TUI Cruises has made 1 acquisition, including Hapag-Lloyd Cruises.
Who are TUI Cruises's investors?
TUI Cruises has 1 investor. Key investors include European Union.