Although the realization of the vision of an ‘intelligent airport’ is still in its early stages, several forward-looking airports have come up with innovative mobile-based services and ‘tech amenities’ to cater to today's connected traveller.
LONDON, United Kingdom — In recent years, booming international travel — originating especially from China, Russia, Indonesia and Thailand — has propelled travel retail from a relatively small sideline business to a highly lucrative and critical component of a successful luxury strategy. “Travel retail has been growing at about 12 percent in the past few years. A similar growth is expected in the next two to three years, putting it at double the growth rate for the luxury goods market,” said Luca Solca, head of luxury goods research at financial services firm Exane BNP Paribas. “Travel retail is significant for the broader … More
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