The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.
We would like to extend warm wishes to all our readers in the United States for a wonderful Thanksgiving holiday and hope that you are all sharing the day with friends and family.
Last week’s Frontier Duty Free Convention was one of the most successful to date, although it marks the last time the event will be held in its traditional format. TMI will present details on the changes in our next issue, which will focus on many Canadian developments!
Speaking of industry events that are in transition, South American duty free association ASUTIL and the International Association of Airport and Duty Free Stores Association (IAADFS) have announced that registration for their new joint Summit of the Americas is now open. Read more details inside and visit the website for registration information. Page 1.
In an important story developing in Miami, Miami-Dade Mayor Carlos Gimenez has taken over the leasing function of concessions from Miami Dade International Airport, and announced some far-reaching changes to how concessions at the airport will be handled in the future.
At the same time, MIA’s respected Aviation Director, Emilio Gonzalez, has announced his resignation, effective Feb. 1, although he insists that his stepping down from the post he has held for the past four years is not related to the Mayor’s directive. Story on pages 1-2.
Meanwhile, Miami Airport under Gonzalez continues to win accolades, one of the most recent being ACI-North America‘s coveted Peggy G. Hereford award bestowed for Excellence in Airport Marketing, Communications and Customer Service. Page 2.
AT THE POINT OF SALE
Dufry opens seven stores in Cancun Airport‘s new T4; unveils first New Generation store concept in Latin America. Page 3
London-based The Design Solution created Dufry Group’s stylish new retail space at Cancún International Airport. Director Nick Taylor outlines the design concept behind the innovative ‘New Generation’ store concept in Cancun and discusses how it projects an extraordinary and colorful sense of location. Page 4.
In the Boardroom
Asian Cruise operator Genting Hong Kong has entered an agreement with shareholders to sell 5 million shares of its stake in Norwegian Cruise Line Holdings, as it christens its second World Dream luxury cruise ship, which is custom built for the Asian market. Page 2.
LVMH has announced that it has acquired 60% of Napa Valley-based Colgin Cellars, producer of quality Cabernet and Syrah wines. Page 3.
Dufry’s Hudson Ltd. files registration for proposed Initial Public Offering. Page 3.