Page 3 - ASUTIL 2024 Edition
P. 3

TABLE OF CONTENTS

                                                             Retail and News Features





             NUMBERS & TRENDS

             UN Tourism: International tourism                   Brazilian deluge damages duty free
               reached 97% of pre-pandemic levels                  on the border                          Page 20
               in first quarter 2024                                  Page 4  Bogota’s El Dorado Airport named

             China recovers as top spender in 2023                 Best in South America for 6th time        Page 22
               as Asia Pacific reopens to tourism         Page 6  ACI-LAC: regional aviation traffic grew
             ASUTIL                                                5.5% in first quarter 2024             Page 22

             Sold out ASUTIL Conference reflects                 SUPPLY SIDE FEATURE
               optimism for LATAM future              Page 8     L’Oréal’s brand value soars to $13.4bn
             CARRIBEAN                                             as most valuable cosmetics brand          Page 24

             Puerto Rico tourism flourishes with                 Dior and Duty Free Americas unveil
               greater airlift                        Page 10      exclusive pop-up store at MIA          Page 25

             Jamaica follows record-breaking 2023                Essence Corp helps build LATAM
               with more than 2 million visitors in               border business                        Page 26
               first quarter 2024                             Page 10  At the Point of Sale with We an Idea      Page 31
             Caribbean in-depth report: Tourism                  At the Point of Sale with Flor de Caña     Page 32
               robust but growth is slowing, even as
               LATAM and inter-regional travel gain     Page 12  Weitnauer Group expands South
                                                                   American operations with hub in
             Rouge becomes a bigger pan-Caribbean                  Uruguay                                               Page 33
               retail powerhouse                      Page 18
                                                                 Pernod Ricard brightens MIA with Royal
             LATIN AMERICA                                         Salute 21 Year Old Miami Polo Edition
             Slower economic growth ahead for                       pop-up                               Page 34
               LATAM: An economic overview by                    DISC launches in Latin America with
               John Gallagher in Buenos Aires           Page 19    London Supply                         Page 35





























                                                                               3                                                June 2024 ASUTIL Special Issue
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