Distribuzione e Revenue

🍷 Giannitessari, a winery from Roncà (Verona), introduces AD 13.21 Monti Lessini DOC, a limited edition Durello Metodo Classico Dosaggio Zero with only 200 magnum bottles available. This special cuvée blends the 2013, the year the winery was founded and its first harvest, with the 2021 vintage known for its freshness. Priced at €300 per magnum, this exclusive release features a minimalist label and is sealed with wax, housed in painted wooden boxes. 🍾

🍫 Mondelēz International noticed stabilization in cocoa prices despite a recent cost increase and a production decrease in Ghana, the world's second-largest cocoa producer. At the Barclays Global Consumer Staples Conference on September 4, CEO Dirk Van de Put and CFO Luca Zaramella reported a cocoa price decrease from recent highs. A "rather good" African cocoa harvest is expected this year, possibly improving by 20-25% over the last year, with confirmation pending in the coming weeks. If this stabilization persists, significant cost reductions could be reflected in Mondelēz International's third-quarter financial report. The chocolate category is deemed the best-performing in the snack sector, and pricing will be closely monitored to maintain market penetration.

🏕 During summer, RHC Group's La Plage Resort in Taormina achieved a record occupation rate of 96%, up 8% from 2023. Hotel Raito and Relais Paradiso on the Amalfi Coast reached an average occupancy of 93%, a 7% increase, with full capacity at times. Clientele was international, from the USA, Italy, Northern Europe, Australia, Brazil, Canada, and Eastern Europe. CEO Giuseppe Marchese highlighted the importance of anticipating guest needs, establishing direct dialogue, and balancing artificial intelligence with human contact.

🏅 Paris Mayor Anne Hidalgo wants to keep large multicolored Olympic rings on the Eiffel Tower until 2028 for the Los Angeles Games. Despite IOC consent, Parisians, including around 70 living descendants of designer Gustave Eiffel, oppose the change. The Eiffel Tower, attracting about 7 million visitors annually, is the world's most visited monument, standing at 330 meters tall, built for the 1889 Paris Exposition and owned by the city of Paris. It became a UNESCO World Heritage site in 1991.

🏨 Perdormire Hotel will showcase its premium bedding systems at various hospitality events in October 2024. Event dates and locations include INOUT in Rimini (9-11 October, Pad D1 Stand 049), DOLOMITI HORECA in Longarone (6-8 October, Pad B Stand 13-14 G), Hospitality Day in Rimini (8 October, Stand A4), ITHIC in Rome (17-18 October, Rome Cavalieri), and HOTEL in Bolzano (21-24 October, Pad AB Stand B08/28). The company promises unparalleled rest experiences for hospitality guests.

💰 Business travel in August saw the Business Travel Trend Index by Gruppo Uvet rise to 104, an 8-point increase from July, outperforming the annual average. Transactions climbed 6 points to 86. Average spending index edged up 1 point month-on-month, shifting from 120 to 121, indicating price stabilization. Flights surged 11 points to 94 in value and 6 points to 77 in transactions. Car rental transactions and value jumped from 130 to 163, and 144 to 185, respectively. Hospitality sector recorded 90 points in transactions, a slight drop from 95 in July, but with a steady value of 110. Rail remained consistent with the previous month at 65 in transactions and 71 in value but dipped slightly year-on-year. Domestic travels hit 103 points, European travels 105, and intercontinental journeys 104.

🍷 In the first half of 2024, Italian retail wine sales volume decreased nearly 3% from 2023, while sales value increased by just under 1%. Economic uncertainty impacted consumer spending, slowing Horeca channel food & beverage growth to 4.5% in Q2 2024 from 7% in Q1. Despite a 4% drop in global wine imports, Italian wines performed well in the U.S. (+5.7%), UK (+4.7%), Canada (+1.3%), and Brazil, with a downturn in Germany (-9%). Italian still and sparkling wines saw a -2% drop, but sparkling wines increased 4.5% in value compared to the first half of 2023. Prosecco exports grew by 12% and Tuscan reds Dop by 6%, while Piedmontese reds Dop decreased by 2%. French wines experienced a 10% export value drop, notably Champagne (-17%) and Bordeaux reds (-16%), while Australian wines rebounded by 28%, offsetting previous declines minus China.

🥞 In September, a study by Nutrifree involving 1200 Italians revealed over 55% view breakfast as essential, preferably at home (71%) for quality assurance (69%) and inadequate outside options (65%). Italians favor a varied (57%), flavorful (82%), sweet (61%) over savory (26%) breakfast, with 30% choosing "free from" foods. Meal preparation considers personal cooking skill (65%), guests' tastes (61%), and intolerances (56%). Key values for a successful meal include conviviality (64%), inclusivity (68%), taste (82%), quality (72%), and variety (59%). In 2022, 252,000 Italians suffered from celiac disease, with an estimated 350,000 undiagnosed. Digital sources lead for intolerance information (69%), over specialized social profiles (63%). Breakfast at home is preferred by over 70%, with 53% varying their menu frequently, and classics like coffee (68%), bread and rusks (64%), and biscuits (61%) remain popular.

🏖 July 2024 saw a 6.6% increase in EU vacation package prices compared to July 2023, with domestic packages up by 11.1% and international ones by 5.7%. The annual inflation rate for holiday packages exceeded 10% in most months during 2022 and 2023. In 2023, domestic vacation packages faced over 20% inflation for 7 months. France (+22.2%), Italy (+19.5%), and Cyprus (+16.7%) experienced the highest increases in July 2024.

💸 In August, Italy's inflation slightly decreased to 1.1% annually. Energy prices fell (-6% to -8.6%), while regulated energy costs rose (+11.7% to +14%), as did transport (+2.9%) and restaurants (+4.4%). Only 41.3% of Italians took vacations, favoring short stays (3-5 days) often at friends' or relatives' homes. Due to inflation, a typical family faces an additional €346.50 in annual expenses.