Distribución y Revenue Management

🏩 Plantillas de agencias de viajes y turoperadores cerca de 70,000 empleados; la especialización en productos turísticos y la integración de inteligencia artificial son crecientemente necesarias; ACAVE desarrolla formación específica en IA; estrategias para captar y retener talento incluyen formación continua, estabilidad laboral y carreras profesionales definidas.

🏖 World2Meet (W2M) led by Gabriel Subías, has 16 premium travel agency locations known as Grand Azulmarino across Spain, with two more upcoming, totaling 18. These are situated in La Coruña, Oviedo, Bilbao, Valladolid, Zaragoza, Barcelona, Madrid (three offices, one in Pozuelo de Alarcón), Palma de Mallorca, Valencia, Alicante, Murcia, Granada, Málaga, and Sevilla. As of May last year, W2M's retail division had 189 points of sale, aiming for 300 within two years.

✈ In July, Spanish airlines increased domestic flight prices by nearly 12% compared to the same month in 2023, a stark contrast to the 2% rise in previous years. Year-to-date, the domestic ticket prices have surged by 24.7%. International flights, however, have seen a reduction of 5%. The average price for national flights in July was approximately €119. July also saw a slight dip of 1.2% in international flight prices from last year, but an 8% increase overall this year.

🏖️ Holidu's ranking, analyzing 2023 tourist arrivals versus local populations in Spain, found Sant Llorenç des Cardassar in Mallorca most crowded with 595,340 annual visitors, 563,055 being foreigners. Sallent de Gállego, Aragón, follows with 51.8 tourists per resident and 75,675 total arrivals, 42,456 domestic. Peñíscola, with its medieval castle and beaches, sees 51.6 tourists per resident, totaling 383,548 yearly visitors. Naut Aran and Salou are also notable, with 49.4 and millions of tourists respectively. Top saturated destinations include Mallorca, Huesca, Castellón, Lérida, Tarragona, Las Palmas, Teruel, and others.

💰 TUI Group, Europe's largest tourism group, reported a 9% revenue increase to €5.8 billion in Q3, marking an eighth consecutive month of double-digit underlying EBIT growth, reaching €232 million, a 37% improvement. The group served 5.8 million travelers, with Hotels & Resorts achieving an underlying EBIT of €131 million, up 16% and occupancy at 80%. Cruise segment witnessed a rise in underlying EBIT to €91 million due to increased occupancy (98%) and 7% higher average rates (€235). TUI Musement's underlying EBIT grew to €19 million, with 2.8 million experiences sold. Overall, the company has doubled the underlying EBIT to €16 million within its Markets and Airlines segment and is expanding its product portfolio into Asian and American markets.

🏖️ In August 2024, Destinia reports a slowdown in last-minute travel bookings compared to previous years, with a notable decrease in demand. Average booking anticipation for August has risen to 55 days, an 85% increase from the 29-day average in 2023. Last-minute bookings for August dropped from 32% in 2023 to 16% in 2024, and bookings in the two weeks prior to the holiday decreased from 50% in 2023 to 39% in 2024. Travel costs have increased by 6%, with the average price now at 78 euros per person per night, up from 73 euros.

🏨 The iconic 1960s Hotel Lido, located in Torrent, Valencia, featured 60 rooms across four floors, two swimming pools (one Olympic-sized), a banquet hall and conference facilities, and over 10,000 square meters of gardens. It hosted thousands of weddings, communions, and baptisms and accommodated dozens of politicians. The closure of this symbolic tourist venue made a significant impact on the tourism industry.

✈ British Airways will stop flights to Beijing at the end of October with the winter schedule. Virgin previously ceased all flights to China, but IAG will continue flying to Shanghai. Despite domestic traffic in China reaching pre-pandemic levels, international flight recovery lags. London-Beijing traffic has increased with additional frequencies from China Southern and Air China. Flights now exceed eleven and a half hours due to detours to avoid Russian airspace, raising costs. No British flights to China's capital are expected until at least summer 2025.

📅 Chinese tourists are expected to increase their holiday budget in Spain by 11%-20% in 2024, according to Visa's Travel Trends 2024 report. Half of the surveyed foreign tourists have previously visited Spain, with cultural visits, beach leisure, and gastronomic routes being top attractions. Approximately 47% of Chinese and 46% of American tourists will spend over €3,000 per person, while 22% of Chinese and 21% of Americans are willing to spend over €5,000. Madrid, Catalonia, Andalusia, Canary Islands, and Balearic Islands are the most popular destinations. Accommodation accounts for 21% of tourists' budgets, followed by transport at 19%, and dining at 16%. Cultural and leisure activities make up 11% of expenses, rising to 14% among Chinese tourists, who also spend 16% on shopping. Digital payments will be widely used for cultural bookings (69%), restaurants (74%), and small shops (66%), compared to 79% in large retail outlets.

📌 Spanish travel agencies are facing profitability concerns due to high prices affecting demand; despite a strong first half, the last two months have seen a decline. The Spanish Confederation of Travel Agencies (CEAV) reports a 9.8% annual growth in May and an 11.3% year-to-date increase, despite the slowed growth from early sales campaigns. Agencies experienced a 1.5% drop in July, adding to a 3% decrease in June, while hotels and restaurants have grown, according to Caixabank's Consumption Monitor.