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Today’s issue of Travel Markets Insider reports on the optimistic prognosis ahead for the industry as the Asia Pacific region continues to recover from the pandemic, as presented by TFWA President Erik Juul-Mortensen at last week’s TFWA Asia Pacific Conference & Exhibition in Singapore. Page 1.
The optimistic assessment of global travel is underscored by the latest analysis from the UNWTO’s World Tourism Barometer. Page 2.
The Dufry-Autogrill integration reached another milestone today as the initial tender period ended with Dufry acquiring 87% of Autogrill shares. Page 2.
AT THE POINT OF SALE
As the travel recovery gains further traction in the Americas, many new and exciting shops and activations are popping up at airports throughout the region.
DFS has major projects on both the east and west coasts. The travel retail leader opened a new beauty concept store in New York at JFK International Airport in Terminal 4.
And in Los Angeles, DFS partnered with L’Oréal Travel Retail Americas to stage the first in-store pop-up for Armani Code in the region. See more details on page 3
Toys’R’Us’ iconic mascot, Geoffrey the Giraffe, will soon be welcoming travelers at Dallas Fort Worth to the first ever Toys’R’Us airport store, through a partnership between Duty Free Americas and the toy store’s parent company, WHP Global. Read more on page 4.
Airport digital vouchering platform iCoupon is coming to North America in a partnership with Air Canada, and expects to be available in more than 100 airports across the U.S. and Canada over the coming months. Read how the fully digital service can improve customer service, on page 4.
SUPPLY SIDE
New product offers are also upping the excitement factor in travel retail through limited editions and travel retail exclusives.
Pernod Ricard GTR is launching the fifth edition in its Royal Salute Polo Collection with Royal Salute 21 Year Old Jodhpur Polo Edition, inspired by the rich spices and flavors of India. The Collection releases limited editions created to capture the culture and flavors of emblematic polo locations around the world. See page 5.
The Macallan has unveiled The Macallan Colour Collection, a new range of global travel retail exclusive whiskies exploring the brand’s commitment to delivering natural color through maturation in sherry seasoned casks. The range was revealed at last week’s TFWA Asia Pacific Exhibition. Page 5.
PEOPLE
Whyte & Mackay has announced a new structure and leadership for its Global Travel Retail team. See details on page 6.
Pernod Ricard Global Travel Retail’s very respected Chairman and CEO Mohit Lal has announced that he is retiring after a career spanning 37 years. He will be succeeded as CEO by Lauret Pillet. See page 6.
