TRBusiness 90 Second News Update

By Luke Barras-hill |

Saudi Arabia approves rules and sets out regulations for duty free expansion

The Kingdom of Saudi Arabia (KSA) has formalised rules concerning the expansion of duty free shopping at ports of entry… Read more…

Tourist arrivals could reach 80-95% of pre-Covid levels this year, says UNWTO

Global international tourist numbers could rebound to 80-95% of 2019 levels this year, according to forecasts from the UN World Tourism Organization (UNWTO)… Read more…

The Estée Lauder Companies grows Travel Retail Leadership Team for 2023

The Estée Lauder Companies has appointed Matthieu Cheyrou to Vice President/General Manager, Clinique, Travel Retail Worldwide (TRWW) while Tracy Xu becomes the division’s Vice President/General Manager for the Origins, Aveda and Lab Series brands… Read more…

Frankfurt Airport almost doubles its passenger traffic to 48.9m in 2022

Frankfurt Airport (FRA) reported nearly doubled its traffic figure from 2021 for full-year 2022, registering 48.9 million passengers, representing a 97.2% rise… Read more…

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