Distribuzione e Revenue

💰 Ávoris closed the year with €4.5 million in turnover and €45 million EBITDA. The Spanish giant, led by Simón Pedro Barceló of Barcelò (Ávoris' parent company), aims to double its EBITDA while maintaining a focus on growth and improving margins and profitability. Currently, EBITDA represents 1% of total sales. Ávoris has set a new target of €5 billion in turnover with a doubled EBITDA.

📍 Lufthansa leads over Air France-KLM in acquiring 20% of Air Europa, owned by the Hidalgo family. Air France-KLM, advised by Société Générale, which previously analyzed HNA's bid for Air Europa, makes counter-offer. Delta Airlines and Etihad, also interested, less likely to succeed due to Hidalgos' preference for a European partner. Javier Hidalgo aims to finalize the deal in February with a €240 million investment from the new partner.

📍 In 2024, Volotea transported 700,000 passengers from Verona, an 18% increase from 2023. They plan to increase flight frequencies in 2025. Valeria Rebasti, the international market director, announced daily flights to Paris Orly and up to five weekly flights to Barcelona starting in April. Camillo Bozzolo noted that Volotea accounted for 20% of Verona airport’s traffic in 2024, with a 21% increase in flights, totaling 4,283. This year, the airline will fly to 14 destinations in five countries from Verona.

💸 In 2024, the Italian market saw 31.2 million business trips (+3% from 2023), with 22.9 million domestic (+3%) and a slight increase in international travel (+2%), despite a decline in extra-European movements (-3%). Rail sector fares remained stable, while hotel rates saw minimal variation in 3-star and a 2% rise for 4-star accommodations. The air travel sector had a "flat" trend after price surges in 2022 and 2023. Giorgio Garcea of Cisalpina Tours credits targeted consultancy for the stabilization, not drastic policy changes.

🏠 In Rome, the upcoming Jubilee is expected to boost Italy's reputation for the next 10 years. The 21st edition of Albergatore Day revealed a positive outlook from hoteliers, with an increase in 5-star hotels and adaptations to new standards. Federalberghi's President Bernabò Bocca highlighted challenges in hiring due to staff shortages and high taxation, urging the government to cut tax wedge. Post-Jubilee, Bocca predicts a potential 17% growth in 2026, despite anticipating a less stellar 2025 due to increased operational costs. Giuseppe Roscioli, President of Federalberghi Rome, noted that Rome has halved the gap with other European capitals, recovering 25% in presence and average pricing. Mayor Roberto Gualtieri aspires for Rome to become the top European capital.

📌 Luca Boccato, CEO of HNH Hospitality, projects 2025 as a year where Italian tourist flows normalize but sees a strong recovery from international markets, especially from overseas. Italian tourism grew significantly in 2023, with a peak, but is expected to stabilize in 2025. The Asian region shows growing interest in Italy, with Australia expected to strengthen its recovery in the coming months. Despite a slow evolution in the Italian hospitality sector, with high fragmentation, HNH Hospitality aims to exceed €120 million in turnover in 2025, after closing the fiscal year on October 31, 2024, with a record €113 million. They are diversifying, including a management contract for Palazzo delle Stelline in Milan, to be relaunched in 2026 with the MGallery brand of Accor.

🚀 Emirates, under President Tim Clark, urges Airbus to reconsider halting production of the A380, with the last unit produced in March 2021. Clark suggests a $20 billion investment might prompt Airbus to build an updated A380, potentially reducing fuel consumption by 25% and easing major airport congestion.

🏖️ In 2024, 31.6% of Italian hotel stays were during summer (June-August), with spring and autumn seeing growth. May bookings increased to 9.3% (from 8.9% in 2023), October to 9.1%, and September up by 2%. International arrivals, accounting for 65.2% of check-ins, spurred this destagionalization, with major inflows from Germany, France, the UK, and Asia, favoring destinations such as Rome, Venice, Florence, Puglia, and Sicily. Hotel stays generally lasted one night (76.3%), two nights (12.5%), 3-4 nights (8.1%), 5-6 nights (2.1%), with only 0.7% exceeding seven nights.

📍 Ryanair announces cuts at 7 airports in Spain, reducing operations by 5% at some and leaving others entirely. This will result in 800,000 fewer seats in 2025, a decrease of 18%. The airline blames high airport taxes, leading to a dispute with the Spanish government.