Cruise Talk: Carnival discussions with TUI AG

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Topic: Carnival discussions with TUI AG

Malcolm @ cruisepage
Cruise Director
Member # 301

posted 12-12-2006 06:28 PM

Carnival today confirmed that it has held discussions with the largest tour company in Germany, TUI AG (TUIGn.DE) and that those discussions are continuing. Carnival denied the reports that have appeared in various German media claiming that the talks were related to the exclusive distribution of any of Carnival's cruise products.

In today's announcement Carnival said that the company's very successful AIDA brand, which serves the German market, is completely satisfied with its present distribution model and appreciates the support that it receives from its travel agent partners.

Should current discussions lead to an agreement with TUI AG, Carnival said that it will immediately announce details of the agreement. However, until that time, the company will not comment further.

Source: Cruise News

Now is TUI the same TUI which the UK's Thomson holidays and cruises are a part of?

Posts: 19210 | From: Essex (Just Outside London) | Registered: A Long Time Ago! | IP: Logged

Ernst
First Class Passenger
Member # 5369

posted 12-12-2006 06:38 PM

Yes - the same TUI that owns Hapag Lloyd.

Posts: 9746 | From: Eindhoven | Registered: Jan 2005 | IP: Logged

Waynaro
First Class Passenger
Member # 3484

posted 12-13-2006 12:07 AM

I didn't know Carnival can even get larger! Don't they have enough monopoly in the cruise industry and in Europe?

Posts: 6108 | From: Vallejo,CA : California Maritime Academy!!! | Registered: Nov 2002 | IP: Logged

Cunard Fan
First Class Passenger
Member # 7530

posted 12-13-2006 01:26 PM

So is Carnival thinking of buying them and does that mean Carnival might own Hapag and Lloyd? I hope not! They already are starting to take away P&O and Cunards identity! I don't want them to have another classic line.

Posts: 2327 | From: Pasadena just north of Queen Mary | Registered: Sep 2006 | IP: Logged

Pascal
First Class Passenger
Member # 5510

posted 12-13-2006 01:58 PM

If this deal is about Carnival aquiring TUI cruise lines (Thomson Cruise and Hapag Lloyd), I sincerely hope the European commission won't allow it for obvious anti-monopoly reasons. Having one single corporation controling 75% of one market is always a very bad thing.

Posts: 1371 | From: Aix en Provence | Registered: Mar 2005 | IP: Logged

Ernst
First Class Passenger
Member # 5369

posted 12-13-2006 02:10 PM

Who is actually bigger - TUI or Carnival? Mind you that TUI owns Hapag Lloyd as a whole - this is MORE than the cruise line.

Posts: 9746 | From: Eindhoven | Registered: Jan 2005 | IP: Logged

Pascal
First Class Passenger
Member # 5510

posted 12-13-2006 02:25 PM

quote:
Originally posted by Ernst:
Who is actually bigger - TUI or Carnival? Mind you that TUI owns Hapag Lloyd as a whole - this is MORE than the cruise line.

The fact is Carnival is much bigger (and experienced) than TUI in the Cruise industry. TUI might consider its cruise divisions not profitable enough and may be willing to get rid of them in exchange of a good price.

Posts: 1371 | From: Aix en Provence | Registered: Mar 2005 | IP: Logged

Ernst
First Class Passenger
Member # 5369

posted 12-13-2006 02:45 PM

In the cruise industry - yes - but as a whole? Whether Carnival is more expierienced can be discussed - as said, Hapag Lloyd is owned by TUI....

Posts: 9746 | From: Eindhoven | Registered: Jan 2005 | IP: Logged

PamM
First Class Passenger
Member # 2127

posted 12-13-2006 02:52 PM

TUI as a whole have many more vessels around than Carnival, but a mere splash when it comes to cruising. I doubt very much the monopolies commission would agree to Carnival buying out TUI's cruising operation. I would have thought a dead duck from starters, but money talks.

Pam

Posts: 12176 | From: Cambridge, UK | Registered: Jun 2001 | IP: Logged

lasuvidaboy
First Class Passenger
Member # 4527

posted 12-13-2006 02:57 PM

quote:
Originally posted by PamM:
but money talks.
Pam

And Carnival sure has lots of it.

Posts: 7654 | From: Hollywood Hills/L.A. | Registered: Mar 2004 | IP: Logged

Italianliners
First Class Passenger
Member # 5446

posted 12-13-2006 03:57 PM

Which are all the companies that Carnival owns today? You can count with travel companies if they own too, but they should have one.

Italianliners

Posts: 272 | From: Rio de Janeiro, Brazil | Registered: Feb 2005 | IP: Logged

Malcolm @ cruisepage
Cruise Director
Member # 301

posted 12-13-2006 04:17 PM

quote:
Originally posted by Italianliners:
Which are all the companies that Carnival owns today?

The British-American corporation, Carnival Corporation & PLC is the world's largest cruise operator, comprising 12 cruise brands, including Carnival Cruise Lines, Princess Cruises, Holland America Line, Windstar Cruises and Seabourn Cruise Line in North America; P&O Cruises, Cunard Line, Ocean Village Holidays and Swan Hellenic in the United Kingdom; AIDA and A'ROSA in Germany; Costa Cruises in Southern Europe and P&O Cruises Australia in Australia.

It operates 81 ships, totalling more than 144,000 berths with a further 15 ships to be delivered between March 2007 and Spring 2010.

Carnival Corporation & plc is a dual listed company, with headquarters in Miami, Florida, USA and London, UK. The companies Carnival Corporation and Carnival plc are the two holding companies of Carnival Corporation & plc. In the year ending 30 November 2005 Carnival had a revenue of $11.087 billion and a net income of $2.257 billion.

Source: Wikipedia, the free encyclopedia

Posts: 19210 | From: Essex (Just Outside London) | Registered: A Long Time Ago! | IP: Logged

Italianliners
First Class Passenger
Member # 5446

posted 12-13-2006 04:29 PM

Oh, they're BIG!

Thank you Malcom.

Italianliners

Posts: 272 | From: Rio de Janeiro, Brazil | Registered: Feb 2005 | IP: Logged

Ernst
First Class Passenger
Member # 5369

posted 12-13-2006 04:50 PM

Checking Wikipedia is actually a good idea - here the links to the Carnival Group and TUI Group webpages

Carnival Group

TUI - Group webpage

Posts: 9746 | From: Eindhoven | Registered: Jan 2005 | IP: Logged

lasuvidaboy
First Class Passenger
Member # 4527

posted 12-13-2006 05:55 PM

quote:
Originally posted by Malcolm @ cruisepage:
The British-American corporation, Carnival Corporation & PLC is the world's largest cruise operator, comprising 12 cruise brands, including Cunard Line in the United Kingdom

I thought Cunard is based in Valencia, CA along w/Princess? Maybe this was updated before the transfer to the States.

Posts: 7654 | From: Hollywood Hills/L.A. | Registered: Mar 2004 | IP: Logged

Waynaro
First Class Passenger
Member # 3484

posted 12-13-2006 06:03 PM

I doubt the Euro Commission will allow it to happen.

I hope RCI comes in and snatches TUI away from Carnival - payback of the P&O Princess bidding war.

Posts: 6108 | From: Vallejo,CA : California Maritime Academy!!! | Registered: Nov 2002 | IP: Logged

lasuvidaboy
First Class Passenger
Member # 4527

posted 12-13-2006 06:13 PM

So how much larger is Carnival Corp in comparison to RCI and its various divisions?

Posts: 7654 | From: Hollywood Hills/L.A. | Registered: Mar 2004 | IP: Logged

Pascal
First Class Passenger
Member # 5510

posted 12-13-2006 07:24 PM

quote:
Originally posted by lasuvidaboy:
So how much larger is Carnival Corp in comparison to RCI and its various divisions?

I would say at least twice bigger... (even if I've no precise numbers, this has to be checked)

Posts: 1371 | From: Aix en Provence | Registered: Mar 2005 | IP: Logged

Waynaro
First Class Passenger
Member # 3484

posted 12-14-2006 01:29 PM

Is it also a possibility Carnival is trying to dump Seabourn to TUI?

Posts: 6108 | From: Vallejo,CA : California Maritime Academy!!! | Registered: Nov 2002 | IP: Logged

Linerrich
First Class Passenger
Member # 4864

posted 12-14-2006 02:22 PM

quote:
Originally posted by Waynaro:
Is it also a possibility Carnival is trying to dump Seabourn to TUI?

Probably not--CCL has just committed to building more tonnage for Seabourn, which has begun to yield more profits for the Company.

Rich

Posts: 4210 | From: Miami, FL | Registered: Jul 2004 | IP: Logged

r.fiebig
First Class Passenger
Member # 5240

posted 12-14-2006 06:32 PM

Carnival no longer owns A'Rosa.

Best,

Raoul

Posts: 775 | From: Paderborn, Germany | Registered: Dec 2004 | IP: Logged

lasuvidaboy
First Class Passenger
Member # 4527

posted 12-14-2006 07:06 PM

quote:
Originally posted by r.fiebig:
Carnival no longer owns A'Rosa.

Best,
Raoul

Who owns it? I did'nt think Carnival sold anything that made money unless this division was in the red.

Posts: 7654 | From: Hollywood Hills/L.A. | Registered: Mar 2004 | IP: Logged

Thad
First Class Passenger
Member # 1224

posted 12-14-2006 10:14 PM

Well they transfered the A'Rosa Blu to Aida as the Aida Blu, though now she is becoming Ocean Village II. I think that they really did not see the synergy with the river cruisers. I can understand that, I don't see it as their market either...

Posts: 1967 | From: Boston, MA | Registered: Apr 2000 | IP: Logged

Rex
First Class Passenger
Member # 1113

posted 12-14-2006 10:47 PM

Can they get away with this???? Can they be stopped?? Nothing against Carnival per se, but this reeks of the crap J.P. Morgan tried to pull back in the day with IMM.

Posts: 1413 | From: Philadelphia PA, USA | Registered: Feb 2000 | IP: Logged

Cunard Fan
First Class Passenger
Member # 7530

posted 12-15-2006 01:03 AM

quote:
Originally posted by Rex:
Can they get away with this???? Can they be stopped?? Nothing against Carnival per se, but this reeks of the crap J.P. Morgan tried to pull back in the day with IMM.

Yeah except this time they were able to get Cunard. Which is a good and bad thing.

Posts: 2327 | From: Pasadena just north of Queen Mary | Registered: Sep 2006 | IP: Logged

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