Distribución y Revenue Management

🚀 International Airlines Group (IAG) compensated the Hidalgo family with €50 million for retracting the purchase of Air Europa on August 1 due to EU regulatory obstacles. Previously, IAG paid €75 million for a suspended integration deal in November 2019. The payment was confirmed in the Q3 2024 earnings report, revealing a net profit of €1.435 billion for the quarter, up from €1.230 billion the previous year, and €2.340 billion over nine months, compared to €2.151 billion in 2023. CEO Luis Gallego reported a 15.4% operating profit increase and a 21.6% margin improvement.

📍 Trip.com's General Manager for Europe, Andy Washington, remains positive about the company's growth in Spain, a key focus alongside France, Germany, Italy, and the UK in Europe. In just one year, the app has seen over 5.3 million downloads. The company, which reported a net profit of $1.4 billion globally in 2023, is optimistic about its evolution in Spain, particularly in Madrid and Barcelona, where it has a new office. With significant growth linked to airline relationships, more marketing investments are planned for 2025 to strengthen its positioning. Flight bookings in Europe have seen double-digit growth, while hotel bookings surged threefold year over year. International bookings from Spain rocketed by 432.78% compared to 2019, nearly double the European average of 296.76%. Spain ranks as the second most popular destination in Europe for Trip.com's international travelers, trailing the UK.

🌀 680 Imserso tourism program users affected by DANA, resulting in suspended or modified trips, mostly in the Valencian Community; 400 were from Valencia with 8 bus departures cancelled. Turismo Social (Ávoris) established a team for managing cancellations and modifications, prioritizing traveler safety. Affected users must process refunds via [email protected] with personal details and reason for request.

🏨 José María Rossell, starting at 22 years old, has dedicated over 5 decades to the tourism industry, becoming Andalucía's leading hotelier with 8,000 beds via the Senator hotel chain. In 2003, he received the Preferente Award from Antonio Ortega, Andalusian Tourism Councilor. Rossell was recognized by the Junta de Andalucía during the pandemic and also received an award from the Diputación de Almería for his business trajectory.

📈 Amadeus recorded solid financial results in the first nine months, earning profits of €992 million, up 18% over the previous year. Revenue increased by 12.6% to €4.6 billion; Ebitda rose 13.3% to €1.806 billion; operating profit grew 16.9% to €1.314,8 million; adjusted profit improved 17.4% to €1.028,2 million. Distribution revenue grew 10% to €2.230,5 million. Air IT Solutions' revenue increased by 16.2% to €1.636,2 million, and hotel and other solutions saw a 12.9% increase to €733.9 million. Free cash flow generated was €975.2 million with net financial debt of €2.511 billion as of September 30.

📍 EasyJet will schedule 36 million seats to Spain for autumn 2025. ????

💳 Mirai introduces "Book, Think & Pay" (BTP), enhancing its booking engine to optimize direct channel conversions and capture more direct bookings online, via phone, WhatsApp, SMS, or email. With BTP, clients can secure their reservation with a credit card within a configured timeframe for 'pay at the hotel' rates, or make immediate payments with 'pay now' rates on the website's payment gateway. The feature targets reservations made through phone, WhatsApp, or SMS channels, increasing conversion by allowing secure payment without sharing credit card details over the phone, overcoming double verification processes, and eliminating transaction risks. Up to 75% of guests complete their payment, while 25% do not. BTP offers flexibility, allowing businesses to customize settings, such as the timeframe for payment completion (e.g., 24 or 48 hours), and can be restricted by direct sale type, booking window, rate type, market origin, or device type. It is compatible with any payment platform without the need for additional solutions. Businesses interested in activating BTP can contact their account manager for setup assistance.

🏖️ Sunrise Miches Beach Resort, a Marriott International property, offers a beachfront location with 6 km of golden sands, 90 minutes from Punta Cana International Airport. The resort features year-round sargassum-free beaches averaging temperatures of 28°C. Currently, it has 116 adult-only rooms with sea views, a luxury spa, and a gym. In 2025, the resort will expand to include 252 family section rooms, a water park, and a convention center for 500 people, becoming the second all-inclusive Marriott Hotels brand in the Caribbean and Latin America. Guests can enjoy a variety of high-quality dining options, including international, Asian, Mediterranean cuisines, a café, and a snack bar.

🏨 Blantyre Capital lists 3 hotels for sale in Tenerife, pricing the deal at €100 million. The article outlines two access options for users: free access with cookie installation consent, or cookie-free navigation through a Premium membership, which offers full content access and privacy control. Premium users can manage cookie settings after logging in.

🏨 Spanish hoteliers at the World Travel Market (WTM) in London, which started on Tuesday, are negotiating price increases for 2025 between 4-7%, with rates averaging around 5%. This reflects sustained high demand for Spain, despite two years of significant price surges. Competition issues in Middle Eastern destinations partly explain the rate hikes. The Spanish tourism family's presence in the British capital has seen significant prominence in terms of square meters contracted by destinations and companies.