Distribuzione e Revenue

💸 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.

🏖 Tui Group, a tourism giant, closed its third fiscal quarter with a record revenue of 5.8 billion euros, marking the eighth consecutive quarter of double-digit Ebit growth. CEO Sebastian Ebel praised the company's sustainable and profitable growth, with bookings for the current summer season up 6% from last year and average prices 3% higher than in 2022, and 88% of the season's capacity already sold.

💸 Airlines have faced an additional $100 billion in fuel expenses compared to pre-Covid times, despite using the same quantity of fuel. Stocklystics.com's study reveals a forecasted total of $291 billion in fuel costs for the current year, up from $190 billion in 2019. Fuel consumption dropped nearly 50% to $80 billion in 2020. In 2022, the sector's fuel usage rebounded to 77 billion gallons, costing $215 billion, a 13% increase from pre-pandemic levels. Fuel now accounts for 32% of airlines' total expenses.

🏖 Welcome Travel Group reports a 5% increase in 2024 leisure travel sales compared to 2023, despite demand dips in April and May, offset by a strong rebound in June and stability in July. Egypt remains the top-selling destination despite security issues, while Spain and Greece lead summer favorites in the Mediterranean. Bookings for long-haul destinations like North America, the East, and Africa are up, reflecting diversified demand. The cruise sector also benefits, with growth in Mediterranean and Northern Europe cruises. CEO Adriano Apicella notes a shift towards pre-Covid booking patterns, with significant early bookings for the upcoming winter season and a double-digit growth over the previous year.

🏖️ July bookings for Italian accommodation facilities reached 42% occupancy, a 6% increase from June. Lake vacations are most popular at 55%, followed by art cities and beach destinations at 51% and 50% respectively. Top beach regions include Abruzzo (67%), Emilia-Romagna (59%), and Tuscany (54%). Despite a 2% hike in rates from 2023, the average cost of a stay in Italy is 145 euros per night, lower than other Mediterranean European countries. Air travel bookings dropped 5% from last year, while domestic flights rose by 7%.

🏡 PugliaPromozione revealed the shift in accommodation preferences in Italy's heel, with extrahotel beds doubling and hotel beds decreasing. As of August 4, tourist rentals reached 235,000, a significant rise from 152,000 in 2022. Barletta-Andria-Trani saw a 9.1% growth in hotels, Taranto a 5% increase, while Bari lost 3.7% of hotels and 7.8% of hotel beds, even as extrahotel structures grew by 5.6%, rooms by 11.7%, and beds by 11.9%.