Page 25 - The Summit of the Americas 2021

Special Issue
Virtual
Summit of the
Americas
April 2021
INSIDE INSIDER

U.S. recovery could be on the horizon,
but contradictions abound

Global Ports Holding rushes to
transform Nassau into a home port

As of the end of March,
more than 133 million people
In a vibrant and colorful promotion, Chinese dancers perform the Dragon Dance in front of the Penha store in Curaçao, as
luxury store
Rouge Duty Free enters St. Croix with
--about 30% of the adults in the
regional travel numbers and
the duty free retailer teamed up with Essence Corp and Shiseido to celebrate Chinese New Year. See full story on page 32.
United States -- had received at
forecasts, including a summary of
to forge ahead, opening new
least one dose of the coronavirus
the efforts being taken on behalf
locations, mounting colorful
vaccine, and President Joe Biden
of the industry by the associations
promotions and investing in
announced that 90% of adults will
from the region – IAADFS, FDFA
innovations for increasing
and ASUTIL --presented at a
be eligible to get a vaccine within
the next three weeks. This is
efficiencies as they prepare
earlier this year. for the new normal. In a
Duty Free World Council webinar
promising news for the resumption
in this market. waters, so cruise lines are Montico, CEO of Latin
of consumer confidence and travel
Cruising is facing its own
far-reaching interview, John
impasse – the CDC refuses to
Gallagher speaks with Marcelo
But rising numbers of
speed up its opening of U.S.
COVID-19 and its variants
American border operator
are causing new restrictions
bypassing U.S. ports with new
Neutral by Luryx, about how
Duty Free Global’s Barry Geoghegan
future. doubles down on travel retail worldwide
options. We investigate this
in South America, including a
they—as new owners—view the
resurgence in travel bans and
development and talk about what
national lockdowns. Even in the
On the Supply Side, TMI’s
preparations these ports must take
to prepare for embarkations.
Michael Pasternak speaks at
U.S., the head of the Centers for
Disease Control and Prevention
length with spirits distributors
is issuing dire warnings that the
impact travel retail post-COVID
serving the Americas market
Clearly, changes in travel will from Canada to Argentina --
country could face a 4th wave of
and TMI invited some key experts
quickly. future trends, the watch sector, the confirm their commitment to
to discourse on various topics:
who along with confectionery
infections if it rushes to open too
powerhouse Otis McAllister,
Against this backdrop, this
growing importance of wellness
and logistics specialist WTDC,
issue of Travel Markets Insider
travel retail. Plus Products-People-Places
travel and how to fix broken brand
ambassador programs.
takes a deep look at global and
Despite the crisis, some
operators and suppliers continued
All this and more, Inside Insider,
Lois Pasternak,
MONARQ Group reaches customers
Editor/Publisher
with digital innovations
The Insider View
1 April 2021 The Virtual Summit of the Americas Issue
The most comprehensive coverage on the
duty free and travel retail markets in the
Americas for the last 22 years.
25 April 2021 The Virtual Summit of the Americas Issue