Distribuzione e Revenue

🏖 Human Company has partnered with global investment firm Hines and Italian private equity player Clessidra, establishing a new company with a capital increase of €120 million. This move, marking their entry into the open-air tourism sector, aims to advance Human Company's growth plan, which currently includes 12 facilities, projecting €150 million in revenue and €40 million in EBITDA by 2024.

📅 Starting December 3, All Nippon will connect Malpensa Airport with Tokyo Haneda three times a week using a 215-seat B787-9, featuring 21 premium economy and 48 business class seats. The new route offers connections to 38 other destinations in Japan and the Asia Pacific region. In 2023, Italian visitors to Japan exceeded 150,000, with a 65% increase in the first five months of 2024. The service strengthens Malpensa's network, now directly connecting to 79 countries.

💰 Hotels boost profits by offering personalized guest experiences such as early check-in, late check-out, and exclusive recreational activities, leveraging specialized software that automates upselling through an online guest app. Strategies include tailored services based on individual preferences, flexible check-in/out options, and diverse leisure activities, all aimed at enhancing guest satisfaction and loyalty, leading to positive reviews and repeat stays. Automated upselling through software such as Chekin increases efficiency, personalization, and provides valuable ROI insights, transforming upselling into a seamless profit-generating operation.

🏖️ By 2027, the global travel and vacation sector is expected to surpass $1 trillion in revenue. This year, the industry is projected to earn $927 billion, a 8.3% increase from 2023. Over 2 billion people will spend on hotels, cruises, and holiday homes, with 200 million more vacation packages sold than pre-pandemic 2019. Hotel bookings will account for nearly half of the 2027 revenue, with holiday packages contributing 30%, or $331 billion. Camping and cruises are the fastest-growing segments, with camping reaching $60 billion and cruises $35 billion by 2027. Europe remains the largest travel market, poised to generate $303 billion in 2027, followed by China and the USA with $223 billion and $217 billion, respectively. For more information, visit www.stocklyticks.com.

📍 Italy, with 57.2 million international visitors in 2023, ranked as the world's 4th most visited country. International tourist arrivals in Italy increased by 7% by May 2023, with the hotel occupancy rate in May at 78%, surpassing the global average of 68%. Tourism revenue placed Italy 5th globally, earning $55.9 billion in 2023, while Italians ranked 7th for spending abroad at $34.2 billion. Luxury tourism saw the highest revenue growth per available room (RevPAR) at +5% year-over-year. The economy hotel sector overtook the high-end category since 2022. The global hotel chains' revenues in 2023 were 13% above 2019 levels, with a projected EBITDA margin improvement to 25.7%. Cruise revenues increased by 70% last year, expecting a 15% rise in 2024. International and domestic air route connectivity grew by 28% and 10%, respectively, in 2023. Europe remains the top tourist destination, with a 54% market share in 2023, generating $660 billion in revenues, a 7% real increase over 2019. The Asia Pacific's tourism recovery lags, with only 82% of the pre-pandemic levels reached in the first quarter of 2024, while Chinese tourists remain the top spenders in international travel, with expenditures of

🌍 Summer travel from Asia to Europe is set to increase by 11%, driven by significant growth from China (64%) and Japan (53%). Multidestination travel from Asia shows high demand, though still below 2019 levels, with city combinations like Budapest-Vienna (+118%), Milan-Munich (+106%), Prague-Amsterdam (+71%), and Istanbul-Athens (+63%) indicating a preference for mixing cultural, historical, and shopping experiences among Asian travelers.

🛫 In Europe, June flight cancellations rose by 46%, with 8,145 flights canceled, up from 5,584 in May 2024. Cirium data highlighted Icelandair as the most punctual with 84.08% on-time arrivals, followed by Iberia Express at 82.5%, and Iberia at 77.69%. Globally, Saudia led with 88.22% punctuality, while last month's leader Aeromexico fell to second place. On-time is defined by Cirium as within 15 minutes of scheduled arrival.

💸 Lufthansa Group revises its 2024 profit forecast, lowering it to €1.4-1.8 billion from the previous €2.2 billion, due to market trends and preliminary Q2 data. This revision will lead to a new cost-cutting plan at the Frankfurt headquarters. Key reasons include intense summer sales competition and aircraft delivery delays. Lufthansa's stock dropped over 3% today, with a year-to-date decline of around 29%.

🏆 Etoa and Forwardkeys describe Europe’s summer season of 2024 as poised to break records, with international arrivals in July and August expected to rise by 12% over the previous year, surpassing the 11% global growth forecast. The increase is driven by a 10% hike in intraregional travel and long-haul markets, with Asia up 11% and the USA by 21%. Urban destinations lead the growth, with Munich (+37%), Vienna and Zurich (both +23%), Prague (+22%), and Budapest (+21%). Medium-stays (63% of arrivals) are common, but short-stays (1-3 nights) have increased by 23%, making up 16% of total stays. Germany, hosting Euro 2024, saw a 19% increase in arrivals; Paris, with the Olympics, is doing well, especially with visitors from China (+124%), Japan (+57%), Germany (+32%), and the USA (+25%). Concerns remain over mass tourism protests impacting some of Europe's most popular destinations.

💹 OnePoll's report for Accor found 97% of guests check previous customer reviews before booking accommodations. Conducted between December 8-19, 2023, the study surveyed 5,000 European travelers who had stayed in a hotel or resort in the past year. Key findings: 38% always read reviews before booking, another 38% do so frequently; guests read an average of 9 reviews; cleanliness (52%), value (27%), rooms (26%), location (21%), and staff friendliness (19%) impact booking decisions. Moreover, 67% disregard reviews older than six months, and post-stay, 57% write reviews for at least half of their stays, with 71% valuing management responses to reviews.