Boon Siong, Lim

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China to turn island province Hainan into an international free trade zone

<b>CHINA.</b> China is to turn Hainan into an international free trade zone in a pilot scheme. The programme could have profound repercussions for travel …

South Korea’s Chinese travel slump continues in February as Japanese arrivals also slide after solid January growth

<b>SOUTH KOREA.</b> Chinese visitor arrivals to South Korea were down -41.5% year-on-year in February to 345,341, a +33% share of total visitors.<p>It is an …

International forward bookings to London down significantly amid “waning interest” from China

<b>UK.</b> London’s immediate tourism outlook is on the wane according to analyst ForwardKeys, as international forward air bookings are showing a …

Lotte Duty Free Shop blames THAAD and high Incheon concession fees as operating profit slumps -99% to KW2.5 billion

<b>How Korea’s travel retail pie is developing a very different flavour</b> <br>There are too many duty free retailers here fighting over a pie that on the one …

“Best year on record”: Global travel & tourism grows +4.6% in 2017

<b>INTERNATIONAL.</b> The global travel & tourism sector grew +4.6% in 2017, outpacing global economic growth (+3%) for the seventh consecutive …

Airports of Thailand weighs contract models for duty free bidding contest

<b>THAILAND.</b> Airports of Thailand (AOT) announced today that it is studying various concession models for a forthcoming tender covering its …

Striding forward: Diageo reveals striking new concept for Johnnie Walker in travel retail

Diageo Global Travel and its Johnnie Walker Scotch whisky brand have revealed an eye-catching new retail design concept for the global travel …

On location in Singapore: Seventh annual DFS Masters of Wines and Spirits

<b>SINGAPORE.</b> DFS Group, in partnership with Changi Airport Group, hosted its seventh Masters of Wines and Spirits on 24 and 25 March, marking the first …

Changi named world’s best airport for sixth consecutive time by Skytrax; Hong Kong and Heathrow scoop dining and shopping awards

<b>INTERNATIONAL.</b> Singapore Changi Airport has been named as the World’s Best Airport by air travellers for the sixth consecutive year at the 2018 …

DFNI Global Awards finalists revealed

We are one step closer to discovering the cream of the crop in the world of travel-retail, as the shortlist for this year’s <b>DFNI Global Awards</b> has …

Summit day two: Digital and cruise potential unboxed | Travel Retail Business

<b>Delegates attending the second Executive Conference session (Tuesday 20 March) at this year’s Duty Free and Travel Retail Summit of the Americas were</b> …

LSG Group reveals annual results, underlines opportunity in onboard retail market

<b>GERMANY.</b> Inflight services specialist LSG Group has reported consolidated revenues for 2017 of €3.2 billion, a marginal +0.8% increase compared to …

Starboard Cruise Services to operate over 33,000sq m of onboard retail by 2020

<b>USA.</b> Despite growing competition, Starboard Cruise Services expects to retain its dominance in the cruise duty free and travel retail market in the …

Royal Caribbean

Industry leaders and tech experts form 2018 TFWA Asia Pacific Conference speaker line-up

<b>SINGAPORE.</b> The Tax Free World Association (TFWA) has announced a preliminary line-up of leading speakers from the travel retail sector and beyond for …

Artificial Intelligence

A mixed picture for Asia Pacific regional arrivals in Q4 2017, says PATA

<b>ASIA PACIFIC</b>. Despite the strong fourth quarter growth of +8.5% in international visitor arrivals to Asia Pacific overall (versus 2016), the region’s …

Asia

Dufry breaks the US$1 billion EBITDA barrier as full-year sales rise +7%

<b>Moodie Davitt snapshot: Dufry full-year 2017 results key take-outs</b><p><b>–</b> Sales up +7% to CHF8,377.4 million <b><br>–</b> +7.4% organic growth <b><br>–</b> Record levels of …

Sustainable Development Goals

Lotte Duty Free to exit three Incheon T1 contracts on 7 July

<b>SOUTH KOREA.</b> Lotte Duty Free announced today that it will exit three of its four loss-making concessions at Incheon International Airport Terminal 1 …

South Korea

Game changer: DFASS and SATS strike powerful joint venture with Singapore Airlines to develop travel retail omni-channel platform

<b>SINGAPORE.</b> In what shapes as game-changing news for the inflight retail sector, DFASS, SATS and Singapore Airlines (SIA) have agreed to establish a …

Singapore Airlines

Strong performance from airports business drives Autogrill full-year growth

<b>INTERNATIONAL.</b> A strong performance from the airports division helped Autogrill grow revenues by +2.9% year-on-year in 2017, to €4.6 billion. …

Forex

Imperial Tobacco announces changes to Americas and export businesses

Imperial Tobacco has announced changes to its Americas regional and export businesses.<p>Following the full integration of Global Export into the Global …

Duty-free

MSC unveils largest ever cruise ship

<b>MSC Cruises</b> has revealed its largest ever cruise vessel, the 181,000-tonne MSC Grandiosa.<p>The ship, which is believed to be in the five largest in the …

Cruise Ships

Malaysia Airports sees 8% jump in 2017 passenger traffic as retail revenue powers ahead

February 27 2018 | Airlines & Airports<p>By <b>Hibah Noor</b><p>SAVE PRINT<p>Malaysia Airports Holdings Berhad (MAHB) has announced record earnings and double-digit …

HNA Group's Swiss airline caterer Gategroup says to seek public listing

© Reuters. Gate Gourmet staff, part of Swiss airline catering firm Gategroup Holdings, loads a trolley aboard an Airbus A320-214 airplane of Swiss …

Expanding the footprint: The Shilla Duty Free begins Jeju International Airport concession

<b>SOUTH KOREA.</b> The Shilla Duty Free began its five-year concession at Jeju International Airport on 1 March. It soft-opened its new business in 114sq m …

South Korea

Asia Pacific traffic growth solid in December but Middle East sees mixed results

<b>ASIA PACIFIC/MIDDLE EAST.</b> Passenger traffic across Asia Pacific and Middle Eastern airports grew +8.7% and +0.7% respectively in December 2017, …

Asia Pacific

China Duty Free Group acquires 51% of Sunrise Duty Free (Shanghai) in US$239 million deal, complementing earlier Sunrise Beijing acquisition

<b>CHINA.</b> In big breaking news, China Duty Free Group’s (CDFG) parent company China International Travel Service today announced that, subject to …

China

DFNI Cruise Conference schedule takes shape

<i>DFNI</i> is delighted to reveal the first speakers for its <b>On the Crest of a Wave</b> conference focused on the cruise and ferry retail sector.<p><b>Starboard</b> …

Leonardo Da Vinci

The Moodie Davitt Report

The two-phase blockbuster alliance between China's two most powerful duty free retailers is now complete. As a result, a new buying and merchandising …

Duty-free

Lagardère introduces WeChat in European duty-free shops

<b>Lagardère Travel Retail</b> is marking Chinese New Year with the introduction of <b>WeChat Pay</b> at its duty-free shops in Europe.<p>WeChat Pay – a secure payment …

Duty-free

Lagardère names new Pacific chief executive

<b>Lagardère Travel Retail</b> has appointed <b>Przemek Lesniak</b> as its new chief executive for the Pacific region.<p>Lesniak has been with Lagardère for 17 years<p>He …

Duty-free