-
Foreign Exchange/Tax Refunds
-
Travelex accelerates global expansion with launch of more than 75 outlets amid travel resurgence
The foreign exchange company has introduced new bureaux, kiosks and ATMs across Europe, Asia Pacific, South America and the Middle East. Read More
-
-
Airports of Thailand concession revenues soar in latest financial year
The operator of six international airports in Thailand delivered concession revenues of THBt14,919.86 million (US$424.97 million), up +270% year-on-year, as it returned to profit for the first time since the pandemic. Read More
-
Comment: ChangeGroup CEO Sacha Zackariya on emerging trends and traveller expectations
Sacha Zackariya, author of ‘Leading Travel and Tourism Retail’ and CEO of Prosegur Change, outlines the key trends he sees shaping the travel retail industry today. Read More
-
Groupe ADP posts strong growth in Extime Paris spend per passenger in first nine months
“These results illustrate the relevance of our Extime project, which has enabled us to take our performance to a new level,” says Groupe ADP Customer Director Mathieu Daubert. Read More
-
Prosegur Cash signs agreement to operate foreign exchange services at Copenhagen Airport
The global cash management company will open five branches under the name Prosegur Change, offering travellers fast travel cash and competitively priced currency exchange. Read More
-
-
Travelex bolsters leadership with Global Retail Director and Global Wholesale Director appointments
The foreign exchange specialist has named Jackie Uhi as Global Retail Director and promoted Cameron Hume to the role of Global Wholesale Director. Read More
-
Opinion: utu explores how tax free refunds can be an accelerator for duty free
In this contributed column, travel technology company utu explains that millions of dollars in refunds from tax free shopping could be used in duty free. Read More
-
Travelex secures £90 million refinancing deal to fuel new growth phase
The facility – for which PwC acted as financial advisor – will enable a new growth phase for the global travel money services provider. Read More
-
A stellar and diverse line-up: More high-profile women named as speakers for Trinity Forum 2023
Pernod Ricard GTR Vice President Marketing Liya Zhang, Puig EVP GTR Kaatje Noens and SPARK Group President & Founder Heidi Van Roon are the latest senior figures to join a strong cast of speakers for the Hong Kong event. Read More
-
Partners hail success of second AAA Retail & Commercial Forum
Support partners, speakers and guests salute the success of the second Australian Airports Association Retail & Commercial Forum, held in Brisbane in July, in a series of testimonials. Read More
-
London Gatwick Airport commercial business soars in first half
Net retail income increased by +42.2% year-on-year to reach £88.3 million (US$112.36 million), as the airport capitalised on a post-pandemic traffic surge. Read More
-
London Heathrow Airport tenders foreign exchange concession
The business, currently managed by Travelex, covers 21 bureaux de change outlets and an estate of 98 ATMs across the four terminals at the UK gateway. Read More
-
Airports of Thailand non-aeronautical revenues soar in first nine months of financial year
Non-aeronautical revenues rocketed +188.1% year-on-year across the operator’s ten airports in the period, as Thailand’s recovery from the COVID-19 pandemic gathers major momentum. Read More
-
Copenhagen Airport declares return to profit as concession revenues rise +29% in H1
We present the key financial numbers for Copenhagen Airport in H1, as non-aeronautical revenues make a significant contribution to a fast-improving performance. Read More
-
Commercial turnover at Spain’s airports outstrips pre-pandemic levels in first half
Commercial revenue across the Aena network reached €715.3million, up +29% compared to the first half of 2022 and a healthy +13.5% ahead of the same period in 2019. Read More
-
Travelex introduces ‘first-of-its-kind’ automated foreign exchange kiosk at Heathrow Airport
The new automated, self-serve currency kiosk allows customers to place their orders through a touch screen and collect their cash from an ATM. Read More
-
Heathrow Airport buoyed by passenger traffic recovery in first half but loss of tax free shopping hits average spend
Retail revenue increased by +30.4% year-on-year, with all sectors showing strong growth, said Heathrow. Retail revenue per passenger decreased -8.3% due to the change in tax free shopping rules for overseas visitors. Read More
-
L’Oréal Travel Retail signs as Platinum Partner for The Trinity Forum in Hong Kong
The French beauty powerhouse joins a stellar line-up of supporters for the world’s leading airport commercial revenues event. UPDATED. Read More
-
Images of the Day: Picture Gallery – The AAA Retail & Commercial Forum
We present pictorial highlights of a memorable second Australian Airports Association Retail & Commercial Forum, which took place this week in Brisbane. Read More
-
