Distribuzione e Revenue

💰 Gruppo Tui anticipates a 25% profit increase by year-end after a strong summer season. Summer sales rose by 6% to 14.7 million euros, with winter bookings also up by 7%. The boost follows the recent collapse of a major competitor, Fti. Tui's fiscal year ends in September, with results to be published in December.

💳 In Italy, summer 2024 saw a 24.5% increase in cashless transactions in tourism, with only 15% from international cards, a 10% decrease from the previous year. Top cashless spenders were from the USA (13.9%), UK (10.3%), and France (10.2%), spending more on average than Italians. Nearly 1 in 10 international card payments exceeded 100 euros. Transactions concentrated in Venice (41.8%), Siena (38.6%), and La Spezia (34.2%). Polish tourists had a 40% increase in digital payments, while German and Swedish payments rose by 18% and 16%, respectively. Foreigners tend to spend more, with a notable 3.8% of international transactions over 200 euros, compared to 1% by Italians.

📍 From the start of 2024, Jamaica's tourism sector welcomed approximately 3 million visitors, earning around $3 billion. Minister of Tourism Edmund Bartlett highlighted these figures during Tourism Awareness Week 2024. The island recorded 4.29 million visitors and revenues of $4.38 billion in 2023. Despite challenges like US travel advisories and Hurricane Beryl, current figures slightly outpace last year's, keeping on track for the 2025 goal of 5 million visitors and $5 billion in earnings.

🏖️ Tui Group forecasts a 25% profit increase by December to £1.22 billion, following a summer with sales at 97% and 14.7 million bookings, up 5% from the same period in 2023. Winter programming also shows strong results with sales at 33%, totaling 1.8 million bookings to date, with popular destinations including the Canary Islands, Egypt, and Cape Verde.

🏀 Suite Novotel by ALL.com offers an exclusive permanent hotel room inside Paris' Parc des Princes stadium, featuring a panoramic view and terrace overlooking the field, designed by Hypothesis for Novotel. Guests enjoy a dedicated butler, private buffet during Paris Saint-Germain matches, and breakfast followed by a stadium tour the next day.

🛫 A study by eDreams ODIGEO found that 92% of Italian users prioritize more travel options, an 82% decrease from the 17% in 2021 who did not consider multiple airlines and hotels before booking. There's a 105% increase in bookings combining flights from different airlines into one itinerary. Consumers now prefer flexibility, quality-price ratio, and personalization in their travel experience, indicating a strategic shift in decision-making. (For more information: https://www.edreamsodigeo.com/)

📈 Michelin-starred restaurants in Italy have grown from generating €280 million in 2016 to €438 million in 2023, attracting 2.4 million customers, 40.7% being international from 43 countries. Lombardy benefits the most, followed by Campania and Piedmont. Provincially, Naples leads, then Rome and Milan. A single 1-star Michelin restaurant generates about €805,000, a 2-star €2.4 million, and a 3-star exceeds €6.5 million per territory. The 2024 forecast estimates nearly €500 million (€498 million) in indirect revenue.

💸 In August, Demoskopika reported a monthly increase in tourism inflation of 1.0% and an annual increase of 4.6%, up from 4.1% the previous month. Vacation package prices rose from 19.5% to 23.2%, and hospitality and restaurant services saw a slight increase from 4.3% to 4.4%. Transportation services rebounded from a -2.2% decrease to a 0.4% increase, while recreational and cultural services remained stable at 3.8%. A significant monthly rise in transportation services hit 7.8%, with maritime transport surging 33.8% and passenger air travel 16.3%. The inflation differential between the general consumer price index (Nic) and the tourism index (Nict) grew to 3.5 percentage points, from 2.9 in July 2024. Tourism inflation for 2024 is projected at 4.9%. The highest regional tourism inflation rates were in Abruzzo and Liguria (both 6.5%), followed by Valle d'Aosta (5.8%), Puglia (5.6%), and Trentino Alto Adige (5.3%). Lower inflation rates were seen in Lazio (3.8%), Basilicata and Molise (both 3.6%), and Sicily (3.4%). Italy's harmonized tourism consumer price index (

🏢 Spencer & Carter reported a +53% increase over budget forecasts after a summer season with double-digit growth compared to the previous year. Massimiliano Masaracchia, the commercial director, announced the positive results before attending TTG Travel Experience 2024 in Rimini. The company expanded its workforce in the Triveneto, Piedmont, and Liguria regions, and strengthened its presence in Lombardy, Tuscany, Puglia, and Sicily, leading to a 59% increase in activated codes with travel agencies and tour operators year-over-year. Spencer & Carter aim to use the Rimini event to further establish and solidify trade relationships.

🌉 Italy's Passalacqua on Lake Como secured the second-place title at the World’s 50 Best Hotels Awards in London, also named Best Hotel in Europe, and received the Carlo Alberto Best Boutique Hotel Award. Capella Bangkok in Thailand took the top spot, with Bangkok hosting four of the top fifty hotels. The awards featured hotels from 37 different destinations. Three additional Italian hotels made the list: Four Seasons Florence (19th), Borgo Santandrea in Amalfi (20th), and Umbria's Castello di Reschio (42nd). Europe garnered 13 nominations, with Italy, France, and the UK each having four properties featured.