Distribuzione e Revenue

🏖️ In Rome, tourism growth slowed down compared to 2023 but increased by 4.8%. Tourists from the United States now make up 6%. Foreigners spent €4 billion, 17% of Italy's total. Cruise arrivals rose from 1.17 to 1.34 million. The sector boosts local services and employment, with seasonal contracts accounting for half of the new hires. (Source: Banca d'Italia)

🏖 In August, Italy's tourism trade balance showed a €2.8 billion surplus, slightly higher than August 2023. Foreign travelers spent €7.5 billion, up 3.1%, while Italians spent €4.7 billion abroad, increasing by 3%. Over the three months ending in August 2024, both inbound and outbound travel transactions rose by 3.5% and 4.7%, respectively, compared to the same period in 2023. The growth is attributed to more travelers but reduced per-capita spending. EU visitors' spending in Italy surged by 6%, and Italian spending abroad grew nearly 5% for both EU and non-EU destinations.

📈 Veratour reported a revenue growth of 5-8% in 2024, despite challenges in the Red Sea. African Explorer and World Explorer slightly increased their volumes from the previous year. Quality Group saw positive results in 2024, driven by interest in long and medium-haul journeys, with expectations of continued growth into 2025. Kuda's revenue is projected to grow by 7-9%. Kel 12 achieved a 30% revenue increase, according to CEO Gianluca Rubino. Idee per Viaggiare expects significant growth in requests and conversion rates by year-end, with an increased average cost per transaction. Naar's General Manager, Luca Battifora, forecasts an 11% revenue growth. Go World CEO Ludovico Scortichini notes good closing projections despite a slow New Year's performance. King Holidays reported a recovery in group travel, with a 40% increase in long-haul destinations. Mappamondo saw a 10% year-on-year revenue growth in 2024, with an increase in passenger numbers and profitability. Alidays met expectations, as stated by CEO Davide Catania.

🎄 In Sardegna, Barbara Manca met with Ita Airways and Aeroitalia to discuss solutions for the high demand during Christmas. They discussed the need for additional flights based on daily data from the regional department. Passenger issues with Aeroitalia concerning booking times and codesharing were also addressed.

🍷 In Italia, famiglie over 55 senza figli a carico, prevalentemente Boomer e GenX, rappresentano il 59% della spesa per il vino (1,83 miliardi di euro annui) nella grande distribuzione, mentre famiglie con figli (7,8 milioni) contribuiscono al 24% e under 55 senza figli meno del 18%. Consumi di vino in calo (-2%), con aumento della frequenza d’acquisto (+3,3%). Spumanti (63,4%) superano vini fermi (61%) come consumi fuoricasa, con l'aperitivo come principale occasione di consumo.

💸 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.