No, TUI (Touristik Union International) is a German company, not Chinese. It is headquartered in Hanover, Germany, and is one of the world's leading integrated tourism groups. The company’s origins date back to 1968 when several German tour operators merged to form TUI. Today, it is a publicly traded entity listed on the Frankfurt Stock Exchange (MDAX). While it operates globally and has significant partnerships in various markets—including its own fleet of aircraft, cruise ships (like Marella and TUI Cruises), and over 400 hotels—its ownership and corporate governance remain firmly European. Some confusion may arise from the fact that a Chinese investment group, Fosun International, previously held a stake in the rival travel firm Thomas Cook, but TUI itself has always maintained its identity as a cornerstone of the German and European travel industry, currently led by CEO Sebastian Ebel in 2026.