Page 16 - ASUTIL 2023
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          Slow but optimistic recovery underway   “We are optimistic with regard to the   Looking ahead – arrivals store and a
          in Paraguay                       short-term future. We have new airlines,   new brand
              The recovery has been slow in   other airlines who operated before have   Luryx is continuing to grow where
          the southern part of Latin America. In   returned and we have seen that some airlines   it is already present, and is continually
          Paraguay the recovery has been slower   already operating are looking to increase   looking for new opportunities, says
          than in other countries as the return of its   frequencies. We are happy to report that   Betancur.
          main travel partners has also been slow.   consumption is increasing and demand is   “Only this month DINAC, the
          International traffic numbers are still more   growing in line with, and sometimes in   Paraguayan airport authority, has confirmed
          than 20% below 2019.              excess of, our expectations,” he says.   to us the exact location of the arrivals store
                                                                               at Silvio Pettirossi, and we have our team
                                                                               working on the final designs and plans
                                                                               and we hope to commence construction
                                                                               shortly.”
                                                                                  Top Brands also says that it is
                                                                               developing some new projects and will
                                                                               continue to expand throughout the region.
                                                                               It also has plans to open new single brand
                                                                               and multi-brand stores in the Caribbean and
                                                                               in South America as it looks to consolidate
                                                                               its position as one of the leading retailers in
                                                                               Latin America.









                                                                               The new Luryx store in Asuncion airport features
                                                                               “a superb offer in make-up and skincare, as
                                                                               well as a great range of accessories and a huge
                                                                               selection of chocolates and sweets, alongside a
                                                                               growing range of luxury and lifestyle brands.”










          ASUTIL Special Issue June 2023                                     16
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