TRBusiness 90 second news update
By Charlotte Turner |
Hong Kong airport and railway tenders imminent
The Hong Kong Mass Transit Railway (MTR) Corporation is understood to be evaluating its Lo Wu, Hung Hom and Lok Ma Chau station duty free shop tender offers, while Airport Authority Hong Kong (AAHK) is also continuing with preparations to launch its airport duty free tender this November…read more…
DFA opens 9,500sq ft São Paulo-Congonhas store
After DFA President, Leon Falic told TRBusiness in March that the company had won duty free and duty paid concessions at three new Brazilian airports, the company can now announce the opening of a 9,500sq ft travel retail store at São Paulo-Congonhas Airport…read more…
Zurich retail stable but spend per head falls -3.3%
First half results from Zurich Airport (ZRH) show that its retail performance has stabilised with a slight -0.6% decline in non-aviation revenue on the same period in 2015…read more…
Global tourism to grow +3.1% despite terrorism and turmoil
The World Travel & Tourism Council (WTTC) is forecasting +3.1% ‘long-term growth’, despite the major macro-economic challenges posed by terrorism, political turmoil, exchange rates and issues such as Brexit…read more…
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