On 18 September 2025, TUI and OMRAN Group signed a binding partnership agreement to jointly establish a local hospitality joint venture. Since then, TUI and OMRAN Group have worked on the implementation of this project.
OMRAN Group has now informed TUI that the agreed project timeline of 31 March 2026 is no longer achievable. Consequently, the project implementation will be suspended. This includes both the planned ownership and development of five new hotels in the Dhofar Governorate, as well as OMRAN’s planned acquisition of a 1.4% shareholding in TUI.
TUI and OMRAN Group will continue its close dialogue.
