Travel Markets Insider Newsletter Vol. 24 No. 28

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

It is not often that an international brand enters the U.S. market on the strength of its reputation in travel retail, but famed Spanish jewelry brand Majorica is doing just that.

Renowned for its beautifully hand-crafted jewelry and organic pearls, Majorica inaugurated its first ever U.S. store last week in Miami’s prestigious Aventura Mall, and TMI was there.

With more than 50% of the mall’s clientele coming from other states, Europe and Latin America, the company is counting on its international customers while it builds its domestic business. See full story on page 1. 

AIRPORTS & CONCESSIONS

It has taken six years, but St. Maarten’s Princess Juliana International Airport is set to reopen its new Departure Terminal in November.

The airport in St. Maarten, which is an important tourist destination in its own right as well as a major hub for the surrounding islands, was largely destroyed by Hurricane Irma in 2017. Page 2.

Duty Free Americas has partnered with Visa to grant special benefits to Visa cardholders making purchases in participating DFA stores in several Central American and Caribbean locations. See where the innovative program is kicking off on page 2.

SUPPLY SIDE

Bacardi and Carnival Cruise Line are partnering in a first-of-its-kind pilot program to reduce single-use glass bottles at sea. The innovative program is using technology and re-usable containers developed by ecoSpirits, in what it calls closed-loop packaging. See details on age 3.

Blue Caterpillar appoints Leon Ashford as its Commercial Director for IMEA. Page 3.

Puig opens new-look Carolina Herrera counters and launches Herrera Beauty in Panama in partnership with Motta Internacional. Page 4. 

SUPPLY SIDE

MONARQ is bringing Mamitas Hard Seltzer to the Caribbean, LATAM and U.S. Duty Free through a distribution agreement with Phusion Projects. Page 5.

L’Occitane Group – an eco-pioneer since its inception in 1976–has been granted B Corp certification. Page 5.

Love Italian food? Food Accademia is bringing La Dolce Vita to Cannes with its premium Italian brands. Page 5.