How successful has airport privatization been for Brazil?

The third tranche of the Brazil’s airport privatization program was completed in March this year and 10 of the most important airports in the country are now managed by private companies. With this latest round of privatizations, 59% of total passenger traffic in Brazil is now being handled by private companies. In a special analysis for […]

Travel Markets Insider Newsletter Vol. 18 No. 40

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.   Travel retail powerhouse Dufry continues to expand in the Americas, this week announcing a seven-year extension to its contract in partnership with Hudson Group at Las Vegas’ McCarran International Airport, and unveiling  a major new duty […]

Travel Markets Insider Newsletter Vol. 18 No. 39

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. It looks like luxury goods houses still have faith in the travel retail channel, as media such as the Business of Fashion announced this morning that Richemont Group-perhaps following in the steps of LVMH […]

Delta-Aeromexico begin joint cooperation agreement

Grupo Aeroméxico, S.A.B. de C.V. and Delta Air Lines began their joint cooperation agreement (JCA) to operate transborder flights between the United States and Mexico on May 8.   Delta and Aeromexico met the requirements set out by the U.S. Department of Transportation (DOT) and Mexico’s Federal Economic Competition Commission (COFECE) in order to commence the […]

Dufry’s Gea to speak at ASUTIL conference as registration nears 300

Asutil confirms additional speaker and registration numbers   Registrations for the 21st annual ASUTIL Conference to be held in Rio de Janeiro from June 6 – 9 are proceeding at a good pace and are slightly ahead of the organization’s original budget, Jose Luis Donagaray, Secretary General of the Latin American Duty Free Shops Association tells Travel Markets Insider. […]

Tocumen tender announced

Tocumen SA, the airport management company at Panama’s leading international gateway is set to confirm details of the duty free tender for the airport’s North Terminal. After 2 years of planning with London based Pragma Consulting, Carlos Duboy, the recently appointed airport general manager has published the initial tender details and is expected early next […]

Dufry’s organic growth accelerates to 7.2% in 1Q 2017

Leading travel retail company Dufry reports that turnover grew by 4.7% reaching CHF 1,706.8 million in the first quarter of 2017 from CHF 1,630.2 million one year earlier. As a result of stable growth in most locations and improved performance in specific businesses positively impacted by Brazilian and Russian travelers, organic growth continued to accelerate […]

Travel Markets Insider Newsletter Vol. 18 No. 38

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.   Travel Retail and tourism in the region are showing signs of recovery. Dufry Group released its first quarter 2017 earnings results, showing organic growth at a very healthy 7.2% increase. Dufry […]

TFWA president Erik Juul-Mortensen honored at the Singapore Tourism Awards

Erik Juul-Mortensen has been named Best Business Event Champion at this year’s Singapore Tour-ism Awards, organized by the Singapore Tourism Board. The Best Business Event Champion award celebrates individuals from a trade or professional association whose contributions have had a significant impact on the development of the business events industry in Singapore. Juul-Mortensen was honored […]

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