Distribuzione e Revenue

🏆 Travel bookings are projected to grow until 2026, reaching nearly $2 trillion value with a 6-10% annual increase, exceeding annual gross revenues of $1.8 trillion. Online reservations, growing by 10%, are expected to account for 65% of the total market in 2026, up from 61% in 2023. The U.S., China, Japan, and Germany will remain top travel markets, with the UK surpassing France by 2025. In 2023, gross bookings saw a +24% increase, with $1.5 trillion spent on various travel services.

💳 Adyen's Index Hospitality Report 2024 shows 38% of consumers abandoned booking due to preferred payment method unavailability. 71% of hospitality businesses acknowledge the need for diverse payment options. Key trends include: 53% consumers value payment options variety, 49% say more options would increase spending, 67% find free cancellation within 24-48 hours critical, and payment issues deter guest return, with problems like card rejection or mischarges (9%), phone data sharing (9%), delays in charges/refunds (5%), and errors causing extra payments (9%).

🏡 The Le Méridien Visconti Rome celebrates 50 years with two new suites - the 80 sqm Grand Suite and the 70 sqm Top Suite, recently added alongside the Terrace Suite on the hotel's 7th floor. Interior designer Harry Gregory designed the suites, inspired by '50s and '60s iconic items like the Fiat 500 and Flos Arco lamp. Both suites feature a large green terrace with a jacuzzi, solarium, and private bar, offering scenic city views extending to St. Peter's Dome. The 7th floor also boasts the newly opened Paparazzo Bar & Rooftop, reflecting the '60s "Dolce Vita" era, and is available for exclusive events.

🏖️ Bluvacanze and YouGov's research positions Italy as a favorite travel destination. Travel agencies play a crucial role in Italian travel purchases as highlighted by TTG Italia's podcast 'Gente di Viaggi,' hosted by Remo Vangelista. Despite the uneven booking curve in 2024 due to international tensions, the market shows an encouraging trend towards the end of the year, despite challenges posed by low-cost airlines dominating air transport, often not aligning with travel agency interests.

🍴 In Italy, domestic food waste reached 2,132 million tonnes, up by 32.6% over two years, equivalent to 4.26 billion meals wasted annually. Approximately 6 million Italians live in food poverty; the wasted meals could feed 3.89 million of them. Globally, 631 million tonnes of food waste is estimated, equaling 1.262 billion wasted meals per year, against 828 million hungry people. The UN's International Day of Awareness of Food Loss and Waste is September 29.

🍹 Circana's analysis shows the beverage industry in the major European economies is growing, adapting to health, innovation, and sustainability trends. The beverage market value reached €160 billion, growing by 2.4% over the previous year. Alcoholic drinks make up 43% (€69 billion) of the value, while non-alcoholic drinks (excluding fresh ones) dominate in volume at 64% (€62 billion). However, price hikes, particularly for non-alcoholic drinks, have led to a volume reduction across categories by 1.4%, with alcoholic drinks down by 2% and non-alcoholic drinks by 1.2%. Despite volume declines, non-alcoholic innovation drives growth as consumers seek healthier alternatives, with functional, plant-based, and protein-enriched drinks, including energy and sports drinks, becoming more popular. Sustainability has become a priority, with nearly half of European shoppers opting for eco-friendly packaging, and 55% of Spanish consumers switching brands for more sustainable packaging options, a trend also seen in Germany, France, and the UK. Economic affordability is another key factor, with many consumers turning to promotions, smaller formats, and private label products in response to rising prices. Private labels maintain an advantage in various European countries over national brands in terms of value and volume.

📊 Benchmarking compares our facility's performance with competitors, offering reflection and growth opportunities by learning from them to improve. It provides a clear vision of goals and challenges, aids in data analysis, and understanding market demand dynamics. Competitive benchmarking, in particular, allows for direct comparison with competitors, focusing on performance and pricing strategies. Identifying successful practices of competitors helps develop targeted strategic plans to achieve and surpass new business milestones. It's also crucial for understanding competitors' marketing strategies and refining our campaigns based on best practices learned through analysis.

💰 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.