TUI have been more savvy with their purchases, they have gone down the line of specialist businesses and niche companies for organic growth. However i do think that their bucket and spade package holidays will not be very profitable either. TC Group under the muppet (and I'm being kind) Manny that was obsesed with being the largest and was blinkered in thinking the high street retail network in the UK was what most customers wanted.
One of the biggest problems is the Tour operator, they try and push products or destinations that as staff we know clients are not really looking for. I really do think that Manny going and the recent issues with the overdraft etc are going to be a good thing as TC need's to change and adapt to what the Market wants.
I believe that in the UK Market TC needs to go upmarket, dramatically reduce the charter tour operator. I even think TCX may be switched to a scheduled airline like the set up for Condor in Germany or along the lines of what ZB is changing it's self into.
Last edited by goldeneye; 11th Dec 2011 at 20:18.