The Travel Markets Insider newsletter is attached to this letter as a PDF file. To open the PDF file, please click here
Philippe Margueritte new president of TFWA
The biggest breaking news of the week took place this morning in Paris, where the TFWA Management Committee elected a new president for the Association—former Coty executive Philippe Margueritte assumed the role held by Erik Juul-Mortensen, who oversaw the Association for more than half of its 40-year existence.
The announcement is on page 2, with more details expected soon.
This week’s issue of Travel Markets Insider looks at the industry numbers, holiday gatherings and more fun at the point of sale.
BY THE NUMBERS
IATA’s latest air passenger analysis shows sold growth across the globe in October. Page 1.
The U.S. Department of Commerce’s National Travel and Tourism Office (NTTO) has released highlights of its in-depth surveys of international arrivals to the United States and U.S. citizen departures from the U.S. during the second quarter of this year. Read the trends to get an idea of what is ahead. Page 2.
Industry research agency m1nd-set, meanwhile, today published its air traffic and shopper behavior forecast for 2025. It shows Asia Pacific roaring back to exceed 1 billion passengers in the coming year. And while other (more mature) regions continue to grow, their share of market are expected to decline. See more details on page 3.
Cruising is expected to continue to be a shining star for tourism. Jamaica has announced that its cruise season, which began in December, has started with a bang, with its Port of Falmouth doing especially well. Page 2.
HOLIDAY GATHERINGS
WiTR+ makes its mark in Miami, with a terrific get together earlier this month. Some 45 WiTR+ members met for an informal holiday schmooze, mostly organized by Avolta and generously hosted by Pernod Ricard in their office. See page 4 for the full story.
IN THE SPOTLIGHT
Dior Travel Retail Americas reaches another milestone, as it partners with Avolta to open the first stand-alone Dior boutique for Parfums Christian Dior in a Canadian airport. More details, and photos of the elegant space, on page 5.
TMI spotlights Canadian wines and spirits agency Wine Classics International with exclusive interviews with the fast growing company’s President, Jonathan Hemi, and International Sales Director Sherri Gidney. Not only has the group just added Suntory Global Spirits to its Canadian portfolio, but its acquisition of a majority share in Alexander James & Company, right before the pandemic, has expanded its operations to the U.S. and Latin America, as well as the cruise channel. Michael Pasternak reports. Page 7.
AT THE POINT OF SALE
Pernod Ricard is celebrating the festive season with its show-stopping Jameson “holiday trees.” The latest iterations are running at JFK International Airport, Terminal 5, with International Shoppes; and in Boston Logan Airport and Montevideo Airport with Avolta. Page 6.
Expect to see “blue” throughout the Caribbean and Mexico travel retail, with the launch of the new Frida Khalo Eau de Parfum inspired by the famous artist’s iconic La Casa Azul. This is the second fragrance in the line produced by the Tairo Group’s Fantasy Fragrance Division. Page 6.
