Distribuzione e Revenue

💸 Diageo Luxury Group, a new global division, combines Diageo's luxury activities, including Brora and Port Ellen, focusing on products retailing at $100+. Julie Bramham leads the venture, aiming to be the world's top luxury liquor company, leveraging over 10 million whisky casks from 30 distilleries, and celebrating Justerini & Brooks' 275th anniversary. Key markets include influential cities, Global Travel, and Great Britain, with further transformative collaborations planned.

🍹 Sector of beverage machines, enology, and bottling is valued at €5 billion annually with a trade balance of €2.2 billion. Simei at Fiera Milano Rho, organized by Unione italiana vini, exhibits this market. Export propensity is 46%; the sector expects a 4% revenue decline in 2024, with 25% predicting stability and 14% growth. Investments up to €5 billion, 40% subsidized, are planned until 2027. Expectations show a demand reduction in wine by 85%, while beer, spirits, and oil forecasts are mixed. Simei showcases 578 companies and brands with international delegations from 32 countries; 97% of surveyed companies consider Simei a leading global event.

🏨 Key facts from the article include the strategic management of late check-out requests for property managers, the impact of these requests on operations such as room cleaning schedules, room availability for incoming guests, maintenance, inspections, and the wider hotel operations. The article suggests introducing late check-out fees to balance guest satisfaction and operational efficiency. It also covers the importance of clear communication of check-out policies from the booking stage, with updates in terms and conditions, and the utilization of digital platforms for reminders. The article advocates for a consistent yet flexible approach to accommodate special circumstances, recommending a tiered pricing structure for late check-outs to manage revenue and guest expectations effectively. In summary, the article discusses the critical aspects of managing late check-out in hotels, emphasizing the need for a comprehensive strategy that includes clear communication of policies, flexible pricing models, and the ability to balance guest convenience with operational demands.

💰 Welcome Travel Group generated €1.6 billion with 2,606 travel agencies in the last financial year. Italy's leisure segment comprises 7,705 agencies with a total turnover of €5.2 billion. Welcome Travel Group added 230 affiliates and aims for a revenue increase of €30,000-€35,000 per affiliate. Last year, travel revenue grew 7%, with tailor-made up 15%, and cruises up 6%. Egypt, Maldives, and Italy were top destinations, while Japan saw a 60% passenger increase.

💰 Expedia's profits soared by 40.6% to €871 million after the July-September quarter, with sales up 9%. From January to September, revenue reached €9.373 billion, and Ebitda hit €2.135 billion. CEO Ariane Gorin noted a second consecutive quarter of acceleration and "strong double-digit growth" in consumer sales and B2B bookings. Specifically, from July to September, profits jumped by 61% to €684 million.

🌅 Sofitel Roma Villa Borghese focuses on MICE tourism with three main meeting rooms on the same floor, featuring flexible, modular spaces and state-of-the-art technical and audiovisual equipment. The hotel combines meeting spaces with culinary offerings at the rooftop Settimo Roman Cuisine & Terrace, which provides stunning city views and fresh local Roman cuisine. Guests can enjoy custom coffee breaks, lunches, and dinners inspired by the chef's selections or à la carte.

💶 Il Black Friday è un'occasione cruciale per gli hotel per aumentare le prenotazioni dirette e competere con le Online Travel Agencies (OTA). Per distinguersi, è essenziale adottare strategie efficaci che attraggano i clienti a prenotare direttamente sul sito dell'hotel.

📈 Uvet Group and Promotor Study Center report positive trends in Italy's business travel in October, with the Business Travel Trend (Btt) index at 101 and annual progressive value at 97. Transactions increased slightly to 84 (+1 from September), with the hotel sector up 3 points in value and 6 in bookings. Car rentals surged to an index of 152, up 8 points. However, the rail sector declined by 5 points, and intercontinental flights dropped to 99 from 105. The Btt index compares current data to a baseline of 100 from 2019. 📈

✈ In 2023, airlines' ancillary revenues shattered the 2019 record with $117.9 billion, compared to $109.5 billion. Projections for 2024 by CarTrawler suggest a jump to $148.4 billion, accounting for 14.9% of airline revenues. Individual carriers see ancillary revenue ranging from 2% to 56.4%. The IATA forecasts a 9.7% rise in carrier revenues to $996 billion in 2024, while CarTrawler estimates a nearly 20% increase in ancillary revenues. Yet, only 45% of tickets issued are without ancillary services, indicating over half of travelers purchase extras.

💰 Blastness, an Italian travel-tech company, surpassed €1 billion in revenue in 2023 for its 1,000 Italian hotel clients. In summer 2024, the company achieved a 32.72% market share of bookings through its platform installed on official hotel websites. The partner hotels saw a 7% average increase in bookings compared to the previous year. With over 1,000 structures in its portfolio and a team of 160+ professionals, Blastness supports hotels to maximize online sales. NERO Lifestyle, launched by Blastness in 2012, targets High Net Worth Individuals and has evolved beyond a brand to a strategic program with luxury collaborations and sponsorship of significant events.