Italy's Autogrill stated (02-May-2012) its World Duty Free Group retail division has started up in Jamaica, where it has won a contract to operate duty free stores at Sangster International Airport which handled more than 3 million passengers in 2011. The concession is expected to generate total revenues of over USD200 million in the period 2012 to 2020. The first two stores together cover over 600sqm in departures, and will include one store dealing exclusively in fragrances and cosmetics and a walk-through store offering a wider range of products. In Central and South America, the Group’s main travel retail market outside Europe, Autogrill has airport operations in Peru, Chile, the Dutch Antilles and Mexico. [more - original PR]
Autogrill secures duty free concessions in Jamaica
You may also be interested in the following articles...
Global Airport Development Conference report: Trump, Brexit, pipelines and PPPs. Part 2
This report on the Global Airport Development Conference held in Lisbon on 29-Nov to 01-Dec-2016 covers the proceedings of Day 2 of the event. Part 1 was published on 5-Dec-2016: http://centreforaviation.com/analysis/global-airport-development-conference-report-trump-brexit-pipelines-and-ppps-part-1-316671
China’s role in international aviation – and tourism – in 2025. The CAPA-ACTE Global Summit
The CATA-ACTE Global Summit in Amsterdam explored some of the changes that will likely come to Chinese aviation and tourism by 2025. The viability of secondary markets has a mixed prognosis as British Airways exits Chengdu, but Vancouver airport expects sustainability from the secondary cities it is linked to – some of the first secondary routes from Chinese airlines.
Partnerships and joint ventures are expanding and becoming more pressing subjects. oneworld is without a mainland Chinese partner, while China Eastern is exploring partnerships outside its SkyTeam alliance: it has a JV with Qantas and a partnership with BA, but Delta's minority equity investment gives it footing. Partnerships will influence, or be preceded by, liberalisation – including eventual China-US open skies.
Although the Chinese outbound travel market is celebrated for its growth, a downturn can occur just as quickly. While visa liberalisation with Morocco has resulted in the country becoming a new popular market for Chinese visitors, terror attacks in France have reduced visitor growth not only in France but also in neighbouring countries, as visitors shun the region.