The Travel Markets Insider newsletter is attached to this letter as a PDF file. To open the PDF file, please click here.
With the Summit of the Americas less than two months away, — taking place on April 16-19 at the Palm Beach County Convention Center in West Palm Beach, Florida –the International Association of Airport and Duty Free Stores (IAADFS) has confirmed the conference program, which has been significantly streamlined from last year. Two one hour sessions – one in the morning and one in the afternoon – will take place on Monday and Tuesday.
The program may be shorter than last year, but the content looks to be first-class with key experts from all facets of the industry sharing their views. See details on page 1.
NOTE: You must register by Friday, February 24, in order to take advantage of the final discount.
The rest of today’s issue of Travel Markets Insider is all about the numbers – globally, nationally and regionally.
Miami International Airport reports record passenger traffic for 2022, as it is named the #1 U.S. airport for international passengers and freight by ACI. Page 2.
The U.S. International Trade Administration is forecasting international visitation to the United States will reach nearly 63 million visitors this year, up more than 21%. If international visitation continues apace, it could exceed the 90 million five-year goal set by the 2022 National Travel and Tourism (NTTO) Strategy to rebuild and strengthen the industry. More details on page 2.
The NTTO’s November 2022 visitation figures are in and show that outbound U.S. travel is nearly at the 2019 level, as inbound tourism was up by more than 60% versus 2021. Page 2.
Preliminary figures from December show that U.S. tourism revenues reached the highest volume since the start of the pandemic. Page 2.
The Duty Free World Council’s Quarterly Shopping Monitor prepared by m1nd-set reveals some significant swings in buying drivers and influencers. Page 3.
The latest airport traffic outlook from Airports Council International (ACI) World is forecasting global passenger traffic to reach 92% of 2019 levels this year. Page 3.
The Cayman Islands welcomed more than one million visitors in 2022, exceeding goals set by the government in both the cruise and stayover channels. Read more on page 5
Increased island connectivity. Expect to see more tourism in the Caribbean as interCaribbean Airways ramps up regional connectivity with expanded inter-island service. Page 5
Miami-based fragrance company TAIRO International is marking milestones for two of its own: Sales Director Ricardo Rivas – one of TAIRO’s longest-servicing and popular employees, is celebrating his 20th anniversary with the company this year.
Food travel company SSP Americas has named two senior executives to its Business Development team, to help it handle its growth across airports in the U.S., Canada and Latin America. Read more about Maria Martinez and Jen Juul on page 5