Travel Markets Insider Newsletter Vol. 23 No. 10

The Travel Markets Insider newsletter is attached to this letter as a PDF file. To open the PDF file, please click here

The news in today’s issue shows continued momentum for recovery in travel retail.

In the lead story, TMI reports on the latest update from the UN World Tourism Organization reports that Europe and the U.S. are leading the strong start to 2022 in terms of tourism, even as it warns that the war in Ukraine poses substantial uncertainty. Meanwhile, global tourism grew by 18 million in January—which equals the total increase for all of 2021. Page 1.

In good news for TFWA and its Asia Pacific Live event, Singapore has significantly relaxed its stringent travel restrictions for vaccinated travelers arriving from all countries. Page 1.

CRUISE

The cruise channel continues to rebound. Research from AAA Travel reports 58.3 million Americas are considering taking a cruise in the next two years. See more findings on page 3.

Grand Cayman, one of the last major cruise destinations in the Caribbean which had remained closed to port calls, welcomed its first cruise ship in more than two years on March 21. The arrival of the Disney Magic kicked off a 4-week phased trial that could bring 74,000 cruisers to the island by mid-April. Page 3.

Carnival Corp. – still reporting a $1.9 billion loss for the first quarter—nevertheless chalked up higher revenues per passenger. Results should improve by summer, when Carnival expects to have each brand’s full fleet back in operations. Page 3.

MSC Cruises has been the official cruise partner of Formula 1 for 2022, a move that could help it leverage Formula 1’s fan base to showcase its extensive offerings. Page 3. 

IN THE SPOTLIGHT

Nadine Heubel, CEO of Heinemann Americas for the past six years, has announced that she is leaving Heinemann, after a stellar 14-year career with the company.

Nicolas Hoeborn will take over as managing director in Miami. TMI wishes both Nadine and Nicolas great success in their new endeavors. Read Heubel’s own words regarding her next steps on page 2.

We send more Congratulations to Gebr. Heinemann, who this month is celebrating 50 years at Frankfort Airport! Page 2.

AIRPORTS, AIRLINES

Marshall Retail Group opens its first outlet at Sea-Tac with a fun-filled sodoPOP store. Page 4.

In another sign of expectations for further recovery in international passenger travel, Delta Air Lines has signed an agreement with Korea’s Incheon International Airport and local lounge operators to increase transit traffic through the airport. Page 4.

SUPPLY SIDE

Go Travel is eyeing channel growth across its growing range of products and has signed on with Rowena Holland’s Essential Communications to tell its story. Page 4.