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Travel retail giant Dufry further consolidates its strong footprint in South America with two new duty free and duty-paid concession contracts in Salvador, Brazil. Page 1.
BY THE NUMBERS
The numbers are pouring in and so far they all point to continued recovery—especially in North America and Europe, (with the exception of China, which is still in lockdown.) The Caribbean and Latin America are also rebounding—the World Travel & Tourism Council and ForwardKeys report that these regions include seven out of the top 10 travel destinations in this summer’s travel resurgence.
But there is still a long way to go. The U.S. Department of Commerce’s National Travel and Tourism Office (NTTO) reports that YOY inbound travel to the U.S. was up more than 220% in February– but that this figure is less than half of February 2019 Arrivals. See full story on page 1.
U.S. airports dominate the latest ACI busiest airports rankings – with 8 out of the top 10 spots. Page 2.
In terms of traffic, Miami International became the busiest U.S. gateway for international passengers last year, adding to its number one position for international freight. Page 2.
The latest IATA figures also show continued passenger traffic recovery in March, with the impact on air travel demand from the conflict in Ukraine limited overall and Omicron-related effects largely confined to Asian domestic markets. Pages 2-3.
ARRA – “Two Years In”
Taking a deep dive into analyzing the impact of COVID-19 pandemic on aviation, the Airport Restaurant and Retail Association (ARRA) has held two forums – one examining the industry impact from the airport perspective and this past week, a second forum discussing the impact on concessionaires. TMI presents highlights from both very excellent discussions on page 3.
IN THE SPOTLIGHT: SUPPLY SIDE/PEOPLE
Valentino Beauty opens first make-up stores in TR Americas with DFS Group. Page 4.
The Macallan launches travel retail exclusive The Harmony Collection Fine Cacao.
William Grant & Sons bolsters GTR Commercial and Brand Marketing teams with new hires. Page 6.
Hugely respected travel retail executive Dr. Jennifer Cords, Director of Corporate Affairs & Corporate Compliance at Gebr. Heinemann, left the company “to pursue new professional challenges.” Dr. Cords is also president of the German Travel Retail Association and president of the European Travel Retail Council. Page 6.