China Duty Free Group is accelerating its role in leading the travel retail industry into post-COVID-19 recovery with a series of major developments on Hainan island.…
Korean duty free stores struggle to sell leftover stocks
Duty-free stores are faced with a tangle of unresolved issues before the government and their suppliers decide on what to do with the backlog of wares caused by the coronavirus pandemic.…
Hotel Shilla to open first overseas branch in Vietnam
Hotel Shilla Co., a hotel and duty free business unit of South Korea’s Samsung Group, will open Shilla Monogram Danang on 26th June.…
Korean airline industry reports its first quarter 2020 results
As widely expected, airlines in Korea suffered badly in the first quarter as a result of the collapse in travel demand with the coronavirus pandemic.…
Asia Pacific Travel Retail Association appoints new board members
Distell International will now represent the alcohol category and Delhi Duty Free brings an additional retailer voice for the region.…
DFS prepares to exit Changi Airport
DFS Group is exiting its liquor and tobacco contract at Changi Airport with a final promotion.…
TFWA cancels Cannes Show
Given the devastating impact of the Covid-19 pandemic, Tax Free World Association has decided to cancel the 2020 edition of the TFWA World Exhibition & Conference, scheduled for 27th September to…
Korea cancels short-term visas
South Korea said it invalidates short-term visas for all foreign nationals starting on 13th April.…
Korea reports low number of air passengers in March
South Korea saw a record-low number of air passengers in March due to the novel coronavirus pandemic.…
South Korea airport announces rent deferral
The Korean Ministry of Land, Infrastructure and Transport is to allow airport commercial partners to defer rent payments from March till May.…