Distribuzione e Revenue

✈ Wizz Air's 'All you can fly' pass sold out in 48 hours, with all 10,000 annual passes gone, generating €5 million for the airline. The low-cost carrier, impacted by profit forecast cuts due to engine issues grounding some A321s, considers a second issuance of the subscription.

💸 Eurozone inflation rises from 2.5% in June to 2.66% in July. Last year's figure was 5.3%. In the wider 27-nation EU, inflation hit 2.8% in July 2024, up from 2.6% in June, compared with 6.1% in July 2023. Source: tgcom24.mediaset.it.

🛫 Etihad Airways transported 1.7 million passengers in July 2024, a 33% increase from July 2023. The airline achieved an 89% load factor, signaling a strong summer season. From January to July 2024, the carrier handled 10.4 million passengers, up by 2.8 million from the same period in 2023. CEO Antonoaldo Neves reported the fleet expanded from 78 to 93 aircraft, serving 76 destinations, up from 66 a year earlier.

🏨 Emerging Travel Group partners with Sabre Hospitality for technology implementation. The agreement integrates the SynXis platform to provide hotels with more revenue opportunities and streamlined connectivity and distribution processes. Simone Large, head of direct supply, highlights the partnership as pivotal for global coverage expansion and portfolio growth with high-quality hotel chains. The integration allows hotels to manage inventory, availability, rates, and promotions through one distribution point.

🏕 Pitchup, a platform for booking outdoor vacations, reports a 38% increase in expected arrivals at Italian campsites and glamping sites in September compared to 2023, with bookings by Italian campers up by 58%. Top destinations include Veneto, Tuscany, Lombardy, Sicily, and Campania. Over 77% of bookings are made by couples, 10% by adult groups, 8% by families, and 4% by solo travelers. There's also a noted decrease in advance booking time, which may continue into September.

💸 Loyalty programs in the hotel industry lead to a 19% lower cancellation rate, 51% earlier cancellations, 86% fewer no-shows, and 13% earlier bookings among members compared to non-members. Members stay 10% longer and book 8% more rooms per reservation. Nozio.com, launched in 2006, offers a membership at €44/month, helping hotels to increase direct bookings. In the first seven months of 2024, Nozio's promo code #NOZIO surpassed the total 2023 bookings and revenue, emphasizing the value of customer loyalty.

🏨 Wyndham Hotels & Resorts excelled in Emea during the first half of 2024, signing 27 hotel contracts, opening 22 new hotels, and adding 1,400 rooms. Notable openings occurred in France, Germany, India, Turkey, and the UK. Emea's RevPAR grew by 15% in Q2. Wyndham Wroclaw Old Town in Poland became the city's largest hotel with 152 new rooms. The first Dolce by Wyndham in Turkey featured an all-inclusive resort with 155 rooms and suites. Expansion in India included three new hotels: The Earth Amritsar, Trademark Collection; Ramada Encore Udaipur Roopnagar; and Ramada Gorakhpur Gorakhnath Mandir Road. The TRYP by Wyndham brand also unveiled a new look.

✈ Spanish airports closed July with a historical passenger record of 31.9 million, a 7.2% increase from the same month last year. Out of these, 31,828,032 were commercial passengers with 22,241,650 on international flights and 9,586,382 on domestic flights. By July, Aena airports saw a total of 176,051,893 travelers, marking a 10.6% increase from 2023.

✈ Stansted Airport in London recorded its busiest July in history, handling 2.9 million passengers—a 3.4% increase from the previous year. Notably, July 26 marked the airport's busiest day ever with 53,000 travelers. Top destinations included Dublin, Istanbul, and Palma de Mallorca, with Spain, Italy, and Turkey being the most popular countries.

💸 Demoskopika records consumer prices in tourism sector increased by 0.8% monthly and 4.1% annually. Accommodation and restaurant services accounted for 79.2% of growth, followed by recreational and cultural services (15.8%), and vacation packages (10.9%). Transport services saw a deflationary trend, with a -5.9 percentage point contribution. Vacation packages grew by 19.5% annually, with national packages leading at 29.9%. Rail transport rose by 8.1%, while air transport decreased by -12.6%. Accommodation services like holiday villages and campsites increased by 8.2%. Italy's inflation rate is lower than the EU average, with only Sweden, France, and Portugal performing better.