Foreign Exchange/Tax Refunds
Travelex expands presence in UAE airport market with Abu Dhabi and Dubai openings
Leading foreign exchange brand Travelex has announced the opening of 13 outlets at Zayed International Airport, Abu Dhabi and Dubai International Airport.
Retail spend per passenger continued to grow year-on-year in the period. The company has also made two acquisitions in the Retail and Services segment, one of them an operator of hospitality services at US airport terminals.
We pay a visit to Western Sydney and to Australia’s newest airport, where management is promising to surprise and delight travellers with a memorable commercial offer when operations begin in late 2026.
Welcome to the October edition of The Moodie Davitt Magazine, which is accompanied by Category Insight supplements on Luxury Goods and Confectionery & Food respectively.
Brisbane Airport Executive General Manager Commercial Martin Ryan and Head of Commercial Property Development Toby Innes discuss the changes that lie ahead at the airport and the vision that underpins them.
Tax-free shopping revenues grew +17% year-on-year in August, according to new figures from the tourism shopping tax refund company.
“We’re excited to be building an airport in Sydney’s cultural heartland that can be a destination in its own right. We want to collaborate with retailers that champion customer engagement and provide a distinctive experience that reflects the region in which we’ll be operating,” says CEO Simon Hickey.
The tourism shopping tax refund company today posted a strong rise in first quarter revenues (ended 30 June 2024) to €118 million.
Kansai Airports continues to enhance its already impressively diverse consumer offer with a 13-strong array of commercial outlets set to open at Kansai International Airport in time for Expo 2025 in Osaka.
The newly designed interface streamlines management, services and security for Travelex Money Card customers.
Our latest selection comes courtesy of Extime Duty Free Paris Executive President Guy Bodescot, who posted some memorable images on LinkedIn about the contribution of teams at the major Paris airports to the 2024 Olympic Games.
Copenhagen Airports attributed a +6% rise in concession revenues to increased traffic but said the positive impact was partially offset by the closure of some food & beverage outlets and specialty shops due to the T3 expansion. Nonetheless, CEO Christian Poulsen painted an upbeat picture, noting: “The terminals are teeming with activity.”
Airports of Thailand continues its strong commercial revenues and traffic recovery after the devastating impact of the COVID-19 pandemic years.