The Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), the trade group representing over 600 airports across 44 countries and territories, today released its Travel Retail Study in the Post-Pandemic Era, revealing a fundamental shift in airport retail dynamics. The study points out that younger travelers are now driving spend, while passenger behaviour, rather than sheer traffic volumes, has become the defining factor of airport travel retail performance.
Passenger traffic across Asia-Pacific and the Middle East recorded moderate growth in February at +2.7% and +2.5% respectively. China posted a robust growth of approximately +7.0% in passenger traffic from last year, sustained by solid domestic demands and supported by increased leisure travel demand during the Lunar New Year.
Passenger traffic across Asia-Pacific and the Middle East recorded growth in January at +5.6% and +1.7% respectively. China overtook India, generating the highest passenger traffic growth in the region with approximately +8.1% increase from last year.
Passenger traffic across Asia-Pacific and the Middle East recorded growth in December at +3.8% and +2.0% respectively. China remained the largest market in the region even though the general pace of growth in the domestic and international segments continued trending downwards.
Passenger traffic across Asia-Pacific and the Middle East recorded growth in November at +3.8% and +2.7% respectively. Despite a slowdown in the overall pace of growth in Asia-Pacific, India continued to lead with approximately +8.0% growth in total passenger traffic compared with last year
Passenger traffic across Asia-Pacific and the Middle East recorded growth in October at +4.8% and +4.2% respectively. India continued to lead in Asia-Pacific with approximately +9% total passenger growth from last year.
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