Travel Retail and Duty Free Business Intelligence    Sunday 05 July 2015

DATA ROOM

Retail and advertising performance buoys Hong Kong International Airport

Source: ©The Moodie Report - 24/06/15

HONG KONG. Hong Kong International Airport (HKIA) retail licences and advertising revenue climbed by +10.8% year-on-year in the 12 months to 31 March.

Asia Pacific and Middle East airports post healthy traffic growth in April

Source: ©The Moodie Report - 22/06/15

ASIA PACIFIC. Passenger traffic at Asia Pacific airports climbed by +9.3% year-on-year in April, with Middle East airports also posting robust growth at +8%.

CAPA report: Chinese tourism wave focuses on Northeast Asia, Thailand

Source: Centre for Pacific Aviation - 18/06/15

ASIA PACIFIC. The highly respected CAPA - Centre for Aviation says that the much talked-about Chinese travel boom is not spread evenly across the region.

Hong Kong International reacts to MERS with checks on South Korean travellers

Source: ©The Moodie Report - 15/06/15

HONG KONG. Hong Kong International has reacted to the Middle East Respiratory Syndrome outbreak by screening all inbound passengers from South Korea.

Strong Swiss Franc continues to hit spend at Zürich Airport

Source: ©The Moodie Report - 12/06/15

SWITZERLAND. Zürich Airport commercial turnover climbed by +4% year-on-year in May, but spend per passenger remains down due to the strong Swiss Franc.

Consumer interest for smartwatches highest in US, China and UK

Source: ©The Moodie Report; Digital Luxury Group - 11/06/15

INTERNATIONAL. The US, China and UK have been identified as the markets with the highest levels of consumer interest in the rapidly evolving smartwatch segment.

Frankfurt Airport reports busiest May ever for passenger traffic

Source: ©The Moodie Report - 11/06/15

GERMANY. Frankfurt Airport passenger traffic climbed by +5.4% year-on-year in May, to 5.6 million, making it the busiest May ever for the German hub.

London Heathrow Airport posts record passenger traffic in May

Source: ©The Moodie Report - 11/06/15

UK. London Heathrow reported its busiest ever May with a record 6.34 million passengers, featuring strong increases on China, Mexico and Brazil routes.

Abu Dhabi International Airport passenger traffic surges in April

Source: ©The Moodie Report - 10/06/15

UAE. Passenger traffic at Abu Dhabi International grew +15.5% year-on-year in April, with the numbers buoyed by new airline routes and frequencies.

Global airline industry profits set to surge in 2015, reports IATA

Source: ©The Moodie Report - 08/06/15

INTERNATIONAL. IATA has revised its 2015 outlook to project a US$29.3 billion net profit for airlines worldwide, well ahead of the US$16.4 billion net profit in 2014.

Network Rail retail sales growth outstrips UK High Street

Source: ©The Moodie Report - 05/06/15

UK. Network Rail’s retail sales climbed by +6.16% year-on-year in the 12 months to March 2015, once again outstripping UK High Street retail growth.

EU airport passenger growth continues to outstrip non-EU traffic, reports ACI

Source: ©The Moodie Report - 04/06/15

EUROPE. Passenger traffic at Europe’s airports climbed by +3.2% year-on-year in April, with EU airport growth outstripping that at non-EU locations.

Out now: The Airport Commercial Revenues Study 2014

Source: ©The Moodie Report - 29/05/15

INTERNATIONAL. Seeking crucial insights into the burgeoning airport commercial revenues sector? Then we have just the publication for you.

Japan, South Korea and Thailand lead Q1 tourism surge – new PATA report

Source: ©The Moodie Report - 28/05/15

ASIA PACIFIC. Buoyed by the weak Yen, Japan's inbound tourism sector posts a startling +43.7% year-on-year rise in arrivals for the first quarter.

London City Airport survey reveals travel essentials for UK holidaymakers

Source: ©The Moodie Report - 28/05/15

UK. The survey found local currency and perfume/deodorant to be top priorities for UK travellers, well ahead of travel plugs, books and international debit cards.

Dollar hits eight-year high against Yen as Hawaiian arrivals drop

Source: ©The Moodie Report - 27/05/15

USA (HAWAII). The Dollar hits ¥123.13, its highest level against the Yen since July 2007 – bad news for DFS and other Japanese-focused retailers.

Chinese tourism to Korea booms amid race for duty free licences

Source: ©The Moodie Report - 25/05/15

SOUTH KOREA. Surging Chinese tourism drives race for duty free licences in Seoul and Jeju. Now E-Land, in a noteworthy tie-up with Dufry, enters the fray.

Zürich Airport commercial turnover dips on strong Swiss Franc effect

Source: ©The Moodie Report - 22/05/15

SWITZERLAND. Zürich Airport commercial turnover (net sales to consumers in retail and F&B) hit CHF44.5 million in April, down by -1.5% year-on-year.

Asia Pacific airlines decline in profitability in competitive market

Source: ©The Moodie Report - 21/05/15

ASIA PACIFIC. Asia Pacific carriers have reported a net loss of US$50 million in 2014 as a result of stiff competition, excess capacity and the Asian currency volatility.

SSP posts healthy profits and like-for-like sales growth in H1

Source: ©The Moodie Report - 21/05/15

UK/INTERNATIONAL. SSP has revealed revenue growth of +2.6% for the half year to 31 March, as well as a sharp profit rise, though the strong Pound had a negative impact.

Airports of Thailand non-aeronautical revenues up almost +10% in first half

Source: ©The Moodie Report - 20/05/15

THAILAND. Non-aeronautical revenues, up +9.67% to THB8,855 million (US$263 million), were buoyed by a +12.3% rise in concession revenues during 1H2015.

The Moodie Report e-Zine Issue 165: Hitting new heights at Changi

Source: ©The Moodie Report - 20/05/15

INTERNATIONAL. In this issue Martin Moodie takes a look inside DFS Group’s extraordinary new duplex store at Singapore Changi Airport Terminal 3.

Hong Kong International posts new monthly traffic record in April

Source: ©The Moodie Report - 18/05/15

HONG KONG. Hong Kong International Airport reported a record-breaking month in April, with passenger volumes climbing by +8.8% year-on-year to 5.8 million.

New study underlines role of social & digital media for Chinese travellers

Source: ©The Moodie Report - 18/05/15

CHINA. A study conducted this month by m1nd-set underlines the key role that social and digital media play in Chinese travellers’ journeys and shopping decisions.

Asia Pacific and Middle East airports end first quarter strongly

Source: ©The Moodie Report - 15/05/15

ASIA PACIFIC/MIDDLE EAST. Asia Pacific and Middle East airports ended Q1 of 2015 strongly, posting increases of +8.5% and +9.4%, respectively.

World Duty Free Group sales surge but reorganisation costs hit net profit

Source: ©The Moodie Report - 14/05/15

INTERNATIONAL. World Duty Free Group has posted a +23.4% rise in revenues (+13.1% at constant exchange rates) in the first quarter of 2015, reaching €541.3 million.

Bahrain Duty Free announces +28.5% surge in Q1 profits

Source: ©The Moodie Report - 13/05/15

BAHRAIN. Bahrain Duty Free Shop Complex Managing Director Abdulla Buhindi extols a solid early 2015 performance, with profits rising sharply despite a modest increase in revenues.

TAV Airports reports surge in revenue and profits in first quarter

Source: ©The Moodie Report - 12/05/15

TURKEY. TAV Airports Holding’s net profit surged by +51% year-on-year in Q1 2015, to €31 million, on a revenue gain of +20% to €227 million.

Shopping Centre revenues aid growth at Copenhagen Airports in Q1

Source: ©The Moodie Report - 08/05/15

DENMARK. Shopping Centre revenue (including duty free, other retail and food & beverage) at Copenhagen Airport climbed by +8.9% year-on-year in Q1 2015.

Chinese international passenger traffic to rise +9.3% in second half

Source: ©The Moodie Report - 07/05/15

CHINA. Chinese international passenger traffic is set to outpace domestic traffic in the second half of 2015, even as domestic travel continues to underpin demand.

Europe’s airports post robust passenger traffic in first quarter

Source: ©The Moodie Report - 07/05/15

EUROPE. Passenger traffic at Europe’s airports climbed by +5.2% year-on-year in Q1 2015, with EU airports outstripping growth at non-EU locations.

Fraport Group retail spend per passenger rebounds in Q1 2015

Source: ©The Moodie Report - 07/05/15

GERMANY. Frankfurt Airport owner Fraport’s Retail & Real Estate division generated revenues of €113.4 million in Q1 2015, an increase of +6.5% year-on-year.

Aéroports de Paris reports surging duty free sales in Q1 2015

Source: ©The Moodie Report - 06/05/15

FRANCE. Strong growth in the duty free business helped Aéroports de Paris report a surge in retail sales per passenger in the first quarter of 2015.

Dufry battles emerging market currency issues in first quarter

Source: ©The Moodie Report - 05/05/15

INTERNATIONAL. Dufry turnover jumped by +31.5% in Q1 2015, but the like-for-like figure was down -2.1%, influenced by the devaluation of emerging market currencies.

ARI ‘ahead of schedule’ to double profits, says CEO Jack MacGowan

Source: ©The Moodie Report - 30/04/15

IRELAND. Aer Rianta International (ARI) and parent DAA have revealed annual results, with ARI profits falling from €29.4 million to €18.1 million year-on-year.

Canadian airports post +39% surge in duty free sales in March

Source: ©The Moodie Report - 30/04/15

CANADA. Airport duty free sales in Canada rose by a solid +39% to hit C$35 million in March 2015, while land border duty free sales fell marginally by -0.3%.

The Moodie Passenger Traffic Monitor

Source: ©The Moodie Report - 28/04/15

INTERNATIONAL. Every week as a service to our readers The Moodie Report updates all the latest passenger traffic statistics from around the world, compiled by Jon Elphick. Like everything we do at The Moodie Report, it’s fast, factual – and free.

Changi Airport posts marginal +0.9% passenger traffic growth in March

Source: ©The Moodie Report - 27/04/15

SINGAPORE. Passenger movements hit 4.54 million in March, with South Asia maintaining healthy growth in the month and first quarter, led by Thailand traffic.

Shilla turns in strong results as Changi losses ease

Source: ©The Moodie Report - 27/04/15

SOUTH KOREA. The Shilla Duty Free posted a +44% increase in consolidated revenues for Q1 with operating profits up by +45.3% despite heavy (though easing) losses at Changi Airport.

Heathrow Airport reports robust Q1 rise in retail revenue

Source: ©The Moodie Report - 24/04/15

UK. Heathrow Airport has reported healthy rises in retail income and net retail income per passenger for Q1 2015, aided by growth in the luxury business.

Pernod Ricard third-quarter sales see uplift from Chinese New Year

Source: ©The Moodie Report - 23/04/15

INTERNATIONAL. Sales grew organically by +7% in 3Q 2014/15 (+2% for the nine months), buoyed by a stable performance in China during the Chinese New Year.

Thai international passenger traffic grows over +20% in second quarter

Source: ©The Moodie Report - 23/04/15

THAILAND. International passenger traffic at Thailand’s airports continued its uptrend in the second quarter (January–March 2015), growing +21.17% to 16.4 million.

Abu Dhabi International Airport passenger traffic climbs sharply in Q1

Source: ©The Moodie Report - 22/04/15

UAE. Abu Dhabi Airports has reported a +21.1% surge in passenger traffic at Abu Dhabi International Airport in Q1 2015, compared to the first quarter last year.

Chinese travel growth to South Korea 'slows' in March to +21.6%

Source: ©The Moodie Report - 21/04/15

SOUTH KOREA. Chinese arrivals rose +21.6% year-on-year in March, a marked slowdown from the +32.9% and +58.4% increases in January and February.

Fears for retail as China restricts Mainland visits to Hong Kong

Source: ©The Moodie Report - 20/04/15

CHINA. Retailers in Hong Kong, already reeling from a severe downturn in Chinese spending, are dealt a further blow following new government restrictions on Mainland visitors.

Hong Kong International passenger traffic climbs sharply in March

Source: ©The Moodie Report - 20/04/15

HONG KONG. Passenger traffic at Hong Kong International Airport posted a strong increase in March and in Q1, buoyed by healthy transfer and transit traffic.

International tourism generates export earnings of US$1.5 trillion in 2014

Source: ©The Moodie Report - 16/04/15

INTERNATIONAL. Exports from international tourism hit US$1.5 trillion in 2014 – up +7.1% – with China maintaining its ranking as the world’s top spender.

Growth at Asia Pacific airports buoyed by Lunar New Year traffic in February

Source: ©The Moodie Report - 15/04/15

ASIA PACIFIC. Passenger traffic at Asia Pacific airports grew +9.7% – with many growing by double digits – in February, while Middle Eastern airports grew by +7%.

Sustainable profitability remains top priority for retailers and suppliers

Source: ©The Moodie Report - 15/04/15

CANADA. The Advantage Group International has unveiled findings from the 2014 Advantage Report – Travel Retail, identifying key retailer/supplier priorities.

Westfield reports soaring sales at Chicago O’Hare Terminal 5

Source: ©The Moodie Report - 15/04/15

USA. The transformation of Chicago O’Hare’s International Terminal (T5) has delivered surging commercial sales growth, according to master developer Westfield.