Airside spend per departing passenger slipped -2.2% compared to February 2023, reaching CHF22.50 (US$25.61).
Data Room
The airline posted its full-year results for 2023, recording profits of US$394 million driven by a +40% increase year-on-year in passenger numbers.
The monthly figures were buoyed by the busiest half-term period ever plus the extra leap year day on 29 February.
Overnight visitor numbers rising steadily but their spending levels plummeting. That’s the distinctly mixed message for retailers arising from two new Hong Kong Tourism Board (HKTB) reports related to tourism arrivals and spending habits.
We present highlights, as the Avolta leader shares fascinating insights into his company’s recent performance, growth forecasts and future strategy in a fascinating live webcast.
“2023 was a very successful year for Avolta. The company completed a transformational business combination redefining the global travel retail and food & beverage industry,” says an upbeat CEO Xavier Rossinyol.
European airport traffic in January increased year-on-year by +7%, reaching 97% of the figures recorded in pre-pandemic 2019.
Our strategic partner Hylink explores how 2024 is shaping up to be the year of identity solutions.
Welcome to this edition of The Moodie Davitt Magazine, which carries a strong focus on the China market and much more besides.
The volume of international passenger carried by Asia Pacific airlines reached 27 million in January, up by +49.4% from the same period in 2023, and returning to 82% of pre-pandemic 2019 levels.
Brazil, Russia, India, China and South Africa (BRICS) and new members Egypt, Ethiopia, Iran, Saudi Arabia and the UAE now contribute to 36% of the global GDP and are collectively home to 1.6 million millionaires.
The Ipsos study shows that 77% of flyers have taken at least one action during or after their trip after being exposed to an advertisement in an airport.