Distribuzione e Revenue

🏩 Lufthansa predicts growth in 2025 with an operating result higher than the previous year's, despite a net loss of €885 million in Q1, up from €734 million the year before. Revenue rose 10% to €8.127 billion with 24.3 million passengers flown. CEO Carsten Spohr remains optimistic amidst geopolitical uncertainties. U.S. demand grows, with a 25% increase in passengers from the U.S. to Europe in March. Plans include reducing capacity growth from 6% to 3% in Q4 due to a projected 10% drop in North Atlantic traffic for the first nine months. European leisure destinations remain strong, with a 5% capacity increase to Scandinavia for the summer. Lufthansa expects at least 40 long-haul aircraft over 20 months, including the first Boeing 787 for the summer.

✈ Wizz Air updates its Wizz Discount Club with a renewed subscription model offering customer queue priority, exclusive birthday and anniversary deals, dedicated discounts, and additional partner benefits. Corporate Communications Manager Gabriele Imperiale emphasizes tailored experiences and enhanced customer journey focus. Subscribers can accept changes or opt out for a prorated refund based on remaining months. Refund requests are handled via Wizz Air contact centers by call or chat.

💰 Tomas Kunzmann, CEO of Allianz Partners, reported the company's record performance in 2024, with total revenues exceeding €10 billion, up by 8.7 percentage points. Operating profit grew by 10.7% to €333.5 million, with travel insurance contributing significantly. Business travel insurance revenues hit €3.2 billion in 2024, largely driven by Europe. The Allianz Fusion platform aided partners in customizing travel protection offers, and expansion efforts are ongoing. Allianz aims to double its revenue by 2030.

📅 Iberia reports over 92% occupancy rates on flights to the US, countering initial concerns of decreased travel post-Trump administration. CEO Marco Sansavini had previously suggested strong US demand. Orlando added as new destination from October with four weekly flights.

🍕 In Italian supermarkets, the presence of packaged food products with Italian or regional identity decreased by 2.0% over 12 months, with a 2.0% drop in volumes sold, while revenue rose by 2.1% to approximately €11.4 billion. GS1 Italy's Osservatorio Immagino identified 26,411 products among over 138,000 items scanned, with labels indicating Italian origin like DOP or IGP. DOP products (1,335) saw an increase in both value (+3.5%) and volume (+2.1%), totaling over €723 million, while IGP (1,222) and IGT wines (932) experienced declines in value and volume. The Italian flag appeared on labels of 16.3% of products (15,414 references), and regional foods accounted for 10,294 products (10.9%) with over €3 billion in sales, despite a 2.6% volume decrease. Puglia, Liguria, Veneto, Basilicata, and Abruzzo saw revenue growth, with Molise, Valle d'Aosta, and Sardegna also increasing in volume. Trentino-Alto Adige, Sicily, and Piemonte led the revenue charts with €392 million, €377 million, and €319 million, respectively.

💸 ALOS (Average Length of Stay) is a key performance indicator for vacation rentals, calculated by dividing the total number of booked nights by the total number of bookings. Longer stays increase profitability by reducing turnover costs like cleaning and administrative tasks and improve operational efficiency with fewer check-ins and check-outs. Strategies to improve ALOS include offering discounts for extended stays, setting minimum stay requirements during high demand, enhancing amenities for longer stays, promoting local experiences, and automating operations with tools like Chekin. These strategies are tailored to attract different guest profiles, adjust to property types, locations, and seasonality, and can be complemented by other metrics such as occupancy rates, RevPAR, booking time, and cancellation rates for comprehensive performance analysis.

💸 In the first quarter of 2025, €100 million in loans for travel were issued, a 18% increase compared to the previous year. The majority of loan applicants are from younger generations, with one in three requests coming from under 30s, and an average applicant age of just over 37. Men make up 72% of applicants, seeking an average of €5,909, which is 13% higher than women's requests. The average loan request amount from January to March 2025 was €5,719. The Annual Percentage Rate of Charge (Taeg) for personal loans online decreased by 3% year-over-year, from 10.5% in the first quarter of 2024 to 10.17% in 2025.

🏖️ Italy's allure remains strong despite inflation, as indicated in TTG Italy's latest issue. Cristina Porta, from Brazil, notes the high demand for Italy among Brazilians due to their significant Italian population. Óscar Fernández of Spain's Civitatis confirms the sustained interest in Italy as a tourist destination. Huseyin Ozyurtcu from the U.S. observes a slowdown in air travel to Italy, citing post-2023 and 2024 market realism. Giada Zhang from China sees a varied impact on Chinese travelers, with the middle class delaying trips and affluent segments maintaining stable demand. The summer season will provide a clearer picture, particularly for the fluctuating American market.

🏠 During the Salone del Mobile, Milan's Tax Free shopping peaked with a 77% increase over the previous three weeks and a 93% rise compared to the year's weekly average. Despite a general spending decrease of 15% and a 9% drop in average receipt from 2024, the Design Week generated unmatched annual spending. The Chinese shopper, with a 49% decline, remained the top Tax Free spender (15%), followed by Arab (+27%, 14%) and U.S. customers (12%). Via Montenapoleone accounted for a third of total expenditure, maintaining its 2024 level.