Travel Markets Insider Newsletter Vol. 23 No. 4

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

Many travel retail suppliers who do business in the Americas will be gathering today at the annual DFA Charity Golf Tournament in Miami. For many, this may be the first live industry gathering since the pandemic first began. In fact, hundreds of us were at the last DFA Golf Tournament in February 2020 when the first travel restrictions were announced in Asia. Who knew it would be two full years before we could meet again!

TMI will present a full review in our next issue. 

CARIBBEAN

Tourism in the Caribbean, even though it fared better than in many other places in the world, is aggressively courting visitors. The Caribbean Hotel and Tourism Association reports on the importance of revitalizing intra-regional tradeThe Bahamas has launched a full program targeting travelers with luxurious new hotel and marina accommodations and promotions; while the U.S. Virgin Islands – which reported a banner year for tourism in 2021 – continues to invest heavily in infrastructure to bolster tourism. See full stories on pages 1-2.

AVIATION

ACI World launches a new interactive airport industry intelligence tool. Page 4

Low-cost U.S. airlines Spirit and Frontier to merge. Page 4.

BY THE NUMBERS

New records for LVMH in 2021, even as DFS’ Travel Retail recovery stalls. Page 3

The Estée Lauder Companies reports “outstanding” fiscal 2022 2Q results as Travel Retail and Americas begin recovery. Page 4. 

SUPPLY SIDE

Maker’s Mark becomes largest distillery in the world to achieve B Corp. Certification. Page 5

Duty Free Dynamics adds Skechers footwear to its brand portfolio. Page 5.

William Grant & Sons makes trio of GTR senior appointments. Page 6

AT THE POINT OF SALE

Puig and International Shoppes open “joyous” Hotel Carolina Herrera pop-up at Houston’s George Bush Intercontinental Airport. Page 6