| Royal and TUI restructure Hapag-Lloyd

TUI Group has announced it is selling its luxury expedition brand Hapag-Lloyd to its 50:50 joint venture with Royal Caribbean Cruises for US$1.3 billion, to help facilitate "stronger, faster and capital-light growth".

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The above snippet is the first part of an article sent to subscribers in Cruise Weekly's issue from 10 Feb 20
To see the full story, see the embedded issue below or CLICK HERE to download Cruise Weekly from 10 Feb 20