Travel Markets Insider Newsletter Vol. 25 No. 15

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

PEOPLE

In one of today’s front page stories, Stewart Dryburgh, the well-respected and very liked head of Nestle International Travel Retail announced that he will take early retirement at the end of June. Read how Dryburgh’s vision has helped shape the sale of confectionery and food in travel retail during the decades he has been part of the company on pages 1 & 2.

ASSOCIATION NEWS

ASUTIL announces that it has reached capacity for its Conference taking place in Bogota, Colombia on June 18-20, and has closed registration.

TFWA has announced that pre-registration in now open for the 2024 World Exhibition & Conference in Cannes. See more details on both events on page 1. 

RESEARCH

The latest research from m1nd-set analyzes who the luxury shoppers in global travel retail are and the impact that they have on the overall industry.

Read the full story on pages 1 & 3. 

AIRPORT CONCESSIONS

Avolta has been awarded a 15-year contract to develop nearly 3,500 square meters of concession space at John Wayne Airport in Orange County, California for its Hudson and HMSHost brands. Page 4.

WH Smith North America opens three new stores inside Chicago O’Hare International Airport at Terminal 5. Page 4.

The Port Authority of New York and New Jersey, in partnership with American Airlines, Unibail-Rodamco-Westfield (URW) Airports, and Holt Construction, began construction for the $125 million commercial redevelopment at JFK Terminal 8. Page 6. 

CONCESSION IN THE SPOTLIGHT

In more news from John Wayne Airport, Duty Free Holdings will be celebrating the grand opening of La Boutique, the first duty free shop at the airport, which caters to one of the highest income markets in the U.S. TMI speaks with Sonia Acevedo, owner of DF Express, and Philippe Dray, CEO at Duty Free Holdings, who formed a joint venture to launch La Boutique, about the opportunities they see ahead and how La Boutique will differ from more traditional duty free stores.

They also talk about their flourishing Executive Retail Shops, where their Click and Collect concept serves private airports in South Florida. Pages 5 & 6.