Travel Markets Insider Newsletter Vol. 23 No. 16

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

Travel retail giant Dufry Group turned in encouraging first quarter results, reporting organic growth of 144.5% over the first quarter of 2021. EMEA delivered significant progress over the year ago period—with organic growth up nearly 284%. The Americas also turned in very solid results—up nearly 122% and generating more than 49% of net sales, slightly ahead of EMEA with 46.1% of net sales. Asia-Pacific – still struggling under health and travel restrictions– accounted for only 2.0%. See more Dufry earning highlights on page 1.

TFWA has announced its webinar line-up the rest of 2022. See schedule on page 1.

AIRPORTS

Miami International Airport is embarking on the largest rollout of biometric technology in a U.S. airport, to be installed at more than 130 gates handling international flights.

Page 1.

ACI: In its latest Airport Economic Report, ACI concludes that retail concessions suffered the steepest financial drop during the first year of the pandemic. (Not really a surprise, is it?) Page 2.

Responding to consumer demand for healthy airport food offerings, Marshall Airport Group partners with Nashville-based MEEL meal kit service to open an innovative Farm to Flight eatery at Nashville International Airport. Page 2. 

CRUISE

Carnival Cruise Line hits two million passenger milestone since the restart of sailing post-pandemic. Page 2. 

SUPPLY SIDE NEWS

The Estée Lauder Companies appoints Karen Housman as Sr. Vice President/General Manager, TR APAC. Page 3.

UK beauty brand Molton Brown launches refill pouches for Hand and Body collections in travel retail. Page 3.

Toblerone’s Andes reforestation project expands sustainability and helps lead to category recovery. Page 4.

Nestlé will launch its first plant-based chocolate, KITKAT Vegan, into travel retail in Q4 with an exclusive Travellers Edition. See details on Page 5.

Dewar’s plans to disrupt with Double Agent 16 year old. Page 4.

Glenfiddich auctions rare whisky to support Ukraine; raises £150,000. Page 5.

Champagne Lanson unveils limited edition Le Rosé Fruit Market. Page 5.