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Strategic business units

Travel

Hotelplan Group contributed to the Migros Group’s sales for the final time in 2025. With its disposal, the strategic business unit Travel has been discontinued.

The Migros Group ceased its activities in Travel in 2025 to focus on the other strategic business units Food Retail, Non-Food Retail, Health and Financial Services. The portfolio adjustment was successfully completed with the disposal of Hotelplan Group at the end of August 2025.

Until the transfer of ownership to the DERTOUR Group and the HomeToGo Group, the sales of Hotelplan Group were recognised in the income statement of the Migros Group for the last time. Total net sales amounted to CHF 1’378 million (–22.9 %). The decline is due to the revenue period being shorter.

Financial results Travel

in CHF million

2025

2024

Change in %

Net revenue from goods and services sold

1’374

1’782

–22.9 %

Other operating income

4

6

–38.3 %

Sales per segment

1’378

1’788

–22.9 %

Earnings before financial income and taxes

6

23

–72.2 %

Employees

1’842

2’761