Travel Markets Insider Newsletter Vol. 24 No. 36

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

The combined travel retail / food & beverage operation formed by the Dufry-Autogrill merger officially rebranded as Avolta last week, including trading on the Swiss stock exchange under the Avolta name and launching a website showcasing the new identity.

Further enhancing the Group’s latest chapter — and underlining its diversification and resilience –the company’s third quarter and nine month results were “strong and resilient,” with the combined entity already delivering synergies and efficiencies ahead of schedule. See more details on pages 1 & 2.



LEGISLATION

The WHO Framework Convention on Tobacco Control due to take place in Panama City this month has been postponed due to security concerns. See the statement issued by DFWC President Sarah Branquinho on page 1. 

SUPPLY SIDE: SPIRITS IN THE SPOTLIGHT

Campari revealed a stunning new brand identity and iconic bottle re-design of its namesake brand at the TFWA World Exhibition in Cannes in October. Page 3.

William Grant & Sons acquires Silent Pool Distillers and announced plans to expand globally and in travel retail. Page 3.

The Famous Grouse launched a new global campaign called Full of Character, which coincided with the Rugby Cup. The campaign will roll out across 30 countries in November and December, including the brand’s key markets of the UK, Europe, North America and Asia-Pacific. See page 4.

Ukrainian vodka Nemiroff unveiled an ultra-premium new expression – LEX by Nemiroff – in Cannes, that has been designed to “shatter preconceptions,” says the company. Page 4.

Behn & Waldemar Behn welcome the fifth generation of the family to the German company with Lisa and Asmus Behn. Page 5.

APTRA welcomes Loch Lomond to Board, represented by Luke Maga. Page 5.

AIRPORTS & CONCESSIONS

Paradies Lagardère closes acquisition of Tastes on the Fly, boosting its position as a leading F&B airport operator in North America. Page 5.

SSP: North American business helps drive strong FY23 for SSP. Page 6.

WHSmith plc delivers fiscal year of strong growth as North American concessions continues to grow. Page 6.

BY THE NUMBERS

International inbound visitors spent nearly $19 billion in the U.S. in the second quarter of 2023, reports the U.S. National Trade and Tourism Office. According to NTTO’s latest survey, shopping was the top leisure activity reported by travelers. See more data insights on visitor statistics on page 6.