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World of TUI with a new stand concept at ITB 2002
Monday, March 04, 2002
At this year`s Internationale Tourismus-Borse (ITB) in Berlin (16 to 20 March) the tourism companies in the Preussag<.> Group will be showcased in Hall 25 on a functional stand covering almost 3,000 square metres. The part of the stand open to the general public provides visitors with an informative round trip of the World of TUI brand world. The rear of the stand is designated for discussions with trade visitors.

The main focus of our participation this year is an intensive exchange of ideas with business partners, and we have therefore provided an appropriate forum for discussions. This trend is fully reflected in our new stand concept which is designed on the basis of our past stands, says Elfi Henze, Preussag Group Head of Events.

The new stand echoes the new World of TUI design and includes information counters on the well known tourism brands such as TUI, Hapag-Lloyd Flug, Hapag-Lloyd Kreuzfahrten, 1-2-FLY, airtours, Wolters and GeBeCo. The major hotel companies within the Group are also presented including RIU Hotels & Resorts and Robinson.

For the first time, the Group will inform about career and training opportunities. Staff from the Personnel Marketing Department will be on hand to provide potential applicants with professional advice.

Preussag AG, the world`s leading tourism group headquartered in Hanover and Berlin, encompasses 75 tour operator brands throughout Europe with around 22 million customers per year. The Group also includes 3,658 travel agencies, 49 incoming agencies, and carriers with 88 aircraft, including well known brands such as Hapag-Lloyd Flug and Britannia Airways. Its hotel holdings portfolio contains 270 hotels with around 137,000 beds.
Theodore Koumelis - Monday, March 04, 2002
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How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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