Travel Markets Insider Newsletter Vol. 18 No. 49/50

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.   In the lead story in this week’s double issue of Travel Markets Insider, Dufry announces that it intends to expand its cruise business and has created the Dufry Cruise Services center of excellence, based in […]

Chase International appointed as Stillhouse distributor in US TR and Caribbean markets

Chase International, Inc. has announced that it has been appointed the distribution partner for award-winning American whiskey brand Stillhouse for the US Travel Retail and Caribbean markets.  Stillhouse is a clear American whiskey, distilled in authentic copper whiskey stills and charcoal-filtered in Columbia, Tennessee that is packaged in a red stainless steel can that the company says […]

Travel Markets Insider Newsletter Vol. 18 No. 48

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.   Lead story. Brazil’s airport privatizations continue to move forward. Most recently, Fraport AG signed the concession agreements with the Brazilian government for managing and developing Forteleza and Porto Alegre airports. Full story on Page 1.  AIRPORT TECHNOLOGY   […]

Dufry considers an IPO for its North American business as 2Q 2017 growth accelerates to nearly 9%

Travel retailer Dufry reports that second quarter organic growth accelerated and reached 8.9% from 7.2% in Q1 2017. Most markets performed well and performance was particularly strong in the United Kingdom as well as businesses welcoming Brazilian and Russian travelers, says the company. The strong organic growth helped push turnover up by 5.8% to CHF 3,821.3 million in the first half of […]

Brazil’s airport privatization marches on: Fraport signs concession agreements for Fortaleza and Porto Alegre

Fraport AG has signed the concession agreements with the Brazilian government for managing and developing Fortaleza (FOR) and Porto Alegre (POA) airports. Following its double airport win at the government’s public auction on March 16, 2017, Fraport AG has been planning and creating the foundation for the new Fraport Brasil airport companies, which are expected to […]

Bacardi rum activation brings fun and Latin vibe to San Juan’s Luis Munoz International Airport

A four-month activation from Bacardi that celebrates BACARDI heritage in pioneering classic rum cocktails is currently running with Dufry at Puerto Rico’s San Juan Luis Munoz Marin International Airport. Bacardi is mainly produced and aged in Puerto Rico, using lightly charred American white oak barrels. Featuring the full range of Bacardi aged rums, the activation is running from June 1 until September 30, 2017. […]

Industry veteran Laurent Lamotte launches new agency for luxury brands in Latam

 Well-respected travel retail executive Laurent Lamotte brings together his wide range of experiences to his new position of managing partner for his new company HERA Latam, an agency of luxury brands in Latin America. Lamotte’s former roles, ranging from representing the Longines watch brand from the Swatch Group, over-seeing Latin America retail develop-ment for fashion house […]

Travel Markets Insider Newsletter Vol. 18 No. 47

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.   TMI is very honored to lead off this week’s issue with an in-depth interview with Motta Internacional CEO Erasmo Orillac. The respected executive discusses the critically important duty free tender at Panama’s Tocumen […]

Michael Kors buys Jimmy Choo for $1.2b

In the big news of the week, Michael Kors Holdings Ltd. agreed to buy Jimmy Choo Plc for about £896 million ($1.2 billion), it was announced on Tuesday, July 25. The price represented a premium of 18% over Monday’s stock close. The price is equal to about 17.5 times Jimmy Choo’s adjusted Ebitda for 2016, reported the financial press. […]

Erasmo Orillac: Motta prepared to defend its turf at Panama’s Tocumen Airport “if it makes economic sense”

  Following Albert “Pancho” Motta’s tragic death last year, Motta Internacional has now reassigned some roles within the company in some of the businesses outside of Motta Internacional. “We all miss Pancho terribly but we are organized to go forward,” said Motta Internacional CEO Erasmo Orillac. Under the Attenza Duty Free brand, Motta currently operates […]

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