WILMINGTON, Del., April 22, 2026 /PRNewswire/ -- According to the report, the global travel retail market was valued at $52.7 billion in 2021, and is estimated to reach $187.1 billion by 2031, growing at a CAGR of 9.6% from 2022-2031.Travel Retail Market Report (PDF) | Upcoming Travel Retail Information By &Sales Channel: West U.S Africa in 2018 | Allied Market Research has Published a Report We Sourced Global Opportunity "Travel Retail Market by Product Type and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030″ delivers an in-depth analysis of the global travel retail market size, share, key segments regional dynamics competitive landscape growth projections through To Infographic Date range.

Market Size & Growth

If you want to see a global market in detail, the global travel retail market was at $52.7 billion in 2021 and is anticipated to reach around $187.1 billion by 2031 registering CAGR of (9.6) % over the forecast period. It is expected to continue growing on account of the acceleration in international travel post-pandemic, long-term consumer demand for duty-free and luxury goods as well as rapid expansion of airport retail infrastructure in various developed and developing economies. Travel retail includes sales at airports, seaports, railway stations, cruise liners and border shops - each operating in a duty-free or duty-paid operational environment to international travelers.

Key Market Insights

International passenger volumes are surging, exclusive travel-retail-only product SKUs are on the rise and luxury is being democratized by virtue of duty-free duties - all reshaping the industry. With digital pre-ordering, personalization powered by AI, and seamless in-store digital integration - omnichannel strategies are reshaping the consumer shopping experience. The duty-free sector holds the market reigns, but the battle is becoming more prolific with operators pushing hard into high-footfall domestic travel corridors in duty-paid sales.

Market Segmentation

By Product Type

In 2021, Perfume & cosmetics led the way, accounting for just under a third of average global travel retail revenue and this category will maintain virtual ownership through to 2031 - propelled by sustainability trends, growing brand recognition and fireworks around gifting due to duty-free fragrance. The luxury goods segment, is projected to grow at the fastest rate in terms of CAGR (11.8% growth) owing to changing aspirations of consumers accompanied by brand building efforts on behalf of key automotive players. In drinks, wine & spirits continues to do well, with premium houses seeing airport retail as an avenue to introduce exclusive or limited-edition releases.

By Sales Channel

In 2021, airports accounted for the majority share and is expected to continue to lead the market through 2031 backed up by high captive footfall, a wide range of brand portfolios owned by airport operators segment, and growing trend towards digital & omnichannel retail formats. Government-powered passenger expansion programs make railway station channel lead by the fastest-growing. The latter channel is augmented by cruise liner shops and border/hotel stores as the global travel volumes experience greater diversification across borders.

Regional Insights

Asia-Pacific - Dominant & Fastest-Growing

In 2021, Asia-Pacific accounted for leading global travel retail revenue share with nearly two-fifths of total market share, and is anticipated to grow fastest (CAGR of 10.4%) over the period from 2022 to 2031. Main business growth markets are China, Japan, South Korea, India, Australia and only some have Thailand, Malaysia or Indonesia in the picture. In terms of travel retail sales, South Korea led by the Jeju and Incheon duty-free complexes contributes around $12 billion annually. The Hainan Free Trade Port of China has become a world-class duty-free center while international air traffic in India grew at the rate of 22.5% YoY during the period 2023-24, which directly benefited retail footfall for outlets located within airports.

Europe - Premium-Focused Mature Market

Heathrow and Gatwick transit volumes as well as the presence of significant luxury cosmetics and fashion houses help ensure that the UK retains the biggest share in Europe. German CAGR growth in Europe forecasted to lead with the Frankfurt Airport retail push And Europe is where the global luxury headquarters of public companies such as LVMH and H&M are located, and treat travel retail as a strategic battleground-a "showroom" of local stores representing a slice of that mass influencer market worldwide.

North America - Significant Growth Potential

North America is set up for rapid CAGR growth best reflection of increases in holiday destination expenditure from U.S. and Canadian nationals, the forecast continued expansion of airport retail as a channel, and the inclination towards experiential shopping that millennial/travellers show increasingly embracing their preference for experiencing more immersive experiences, with businesses aligning products accordingly gen Z are adopting shops focused on digital-first interactions. U.S. passenger enplanements for February 2024 (alone) came to 82.4 million - a year-on-year increase of 8.6%.

LAMEA - Emerging Opportunity

LAMEA region - driven by Dubai, Riyadh, and São Paulo - remains a new growth market. Dubai Duty Free is one of the world's largest single-airport duty-free operations. Oman: Development of three new airports to key tourist destinations within Oman is a positive signal for Oman's long-term commitment to the travel retail industry & investment in ever-increasing infrastructure for UAE positioned developments over the next decade.

Key Players

Some of the key players operating in global travel retail market include:
• Dufry AG
• Lagardère Travel Retail
• DFS Group (LVMH)
• Lotte Duty Free
• The Shilla Duty Free
• China Duty Free Group (CDFG)
• King Power International Group
• Gebr. Heinemann SE & Co. KG
• Aer Rianta International (ARI)
• The Nuance Group & LS Travel Retail

Such players have undertaken expansions of store footprints, digital transformations, joint ventures and new product launches to fortify their positions in fast-growing global travel corridors.

MENOMONEE FALLS, WIS., (April 21, 2026) — Bradley Company announces the expansion of its popular Elvari® Washroom Accessories Collection with four new accessory models designed to increase restroom design options while supporting greater operational efficiency for facility teams. The new models include a Recessed Combination Unit, Recessed Paper Towel Dispenser, Jumbo Toilet Paper Dispenser, and Free-Standing Waste Receptacle – each featuring Elvari’s refined modern aesthetic with seamless curves, premium stainless-steel construction, and coordinated finish options.

“Elvari has become a preferred accessories collection for designers and specifiers seeking a more elevated, unified restroom environment,” says Melissa Schulz, associate product manager, Bradley Company. “Recognized with multiple product design awards, the collection continues to expand with new Elvari models that broaden coordinated design options while helping facilities improve day-to-day servicing efficiency.”

New Elvari Models Expand Versatility Across Restroom Layouts
Elvari Recessed Combination Unit (Paper towel and waste)

Bradley’s new Elvari recessed combination unit provides a streamlined, all-in-one solution that combines a folded towel dispenser with an integrated waste receptacle. It supports efficient maintenance with a bag retention ring, a concealed BradLock™ magnetic locking system, red low-level indicator, and small/medium/large capacity options.

Elvari Recessed Paper Towel Dispenser

To meet varying restroom configurations and usage demands, the Elvari paper towel dispenser is offered in recessed mounting, with small, medium, and large capacities. Like other Elvari accessories, it features refined construction, a concealed BradLock magnetic locking system and a red low-level indicator to support faster and easier servicing.

Elvari Jumbo Roll Toilet Paper Dispenser

The new Elvari jumbo roll toilet paper dispenser provides a modern alternative to traditional dispensers while maintaining practical capacity for high-traffic facilities. The cabinet holds one jumbo roll up to 10-inch diameter and features a low-level indicator and BradLock magnetic locking system to enhance servicing.

Elvari Free-Standing Waste Receptacle

The new Elvari free-standing waste receptacle supports a premium aesthetic while helping facilities maintain cleaner, more organized restrooms. It features a sleek pill-shaped design, bag retention ring, optional cover, and a 21-gallon capacity suited for high-use environments. For restroom users, its free-standing placement provides convenient, easy-access waste disposal – supporting a cleaner, more functional restroom.

Coordinated Finishes Deliver a Unified Look with Easier Maintenance

Each new model is available in coordinated finish options – Brushed Black, Brushed Stainless, Brushed Bronze, Brushed Brass, Brushed Nickel, and Satin Stainless – making it easy to specify a unified, high-end restroom environment. Elvari’s durable e-coat finishes also support long-term performance in high-traffic facilities by resisting fingerprints, water spots and corrosion – helping accessories stay cleaner-looking and easier to maintain over time.

For more information, visit bradleycorp.com/elvari.

Vancouver, B.C. – April 15th, 2026 – Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. and one of North America’s fastest-growing hotel brands and among Canada’s largest, today announced a series of leadership appointments and strategic updates within its Development team, strengthening its capacity to accelerate growth across Canada and the United States. As Coast Hotels expands its development pipeline across key North American markets, these appointments reflect a deliberate investment in experienced leadership, expanded market coverage, and regional execution.

Robert Tseng has been promoted to Director, Technology. With nearly two decades of progressive experience at Coast Hotels, Robert brings deep expertise in systems architecture, infrastructure optimization, and technology modernization, ensuring the organization’s technology framework continues to support scalable growth.

David Ferguson has been promoted to Senior Director, Development. Based in Vancouver, David brings extensive experience in hotel development, feasibility analysis, and valuation, along with a strong network across the Canadian accommodation sector, positioning him to accelerate Coast Hotels expansion strategy across Western Canada and the Pacific Northwest.

Gagandeep (Gagan) Singh has been appointed Director, Development. With more than 15 years of senior hospitality leadership experience across global brands, Gagan’s proven track record in asset optimization, capital planning, and revenue growth aligns with Coast Hotels focus on strengthening its presence in Alberta.

Sheryl Cedana has been appointed Director, Development, for Coast Hotels USA, Inc. Based in Washington State, Sheryl brings over a decade of U.S. hospitality leadership experience, including operational turnarounds, pre-opening expertise, and strong stakeholder management, supporting Coast Hotels continued growth and development efforts in the U.S. market.

“These appointments reflect our continued commitment to growth and our confidence in the strength of our leadership team,” said Takamasa Machiura, President & CEO, Coast Hotels Limited. “By investing in experienced talent across key markets and strengthening our internal capabilities, we are well positioned to expand our footprint, deepen partner relationships, and drive long-term value across North America.”

Quebec, Monday April 13, 2026 – For the very first time in Québec, the immersive experience The Magic Table is arriving at the heart of Fairmont Le Château Frontenac. This unique creation blends illusion, culinary arts, and 3D storytelling to transform a meal into a true experience. Offered for a limited time only, this sensory experience invites guests to enjoy a dinner that comes to life, where the magic of The Clairvoyants meets the expertise of the Château Frontenac’s culinary brigade. Reservations are now open for this exclusive premiere, beginning May 15, 2026.

AN EXPERIENCE WHERE EVERYONE BECOMES PART OF THE STORY

Far more than a simple dinner, this immersive two to three hour experience is designed for families, couples, groups of friends, and anyone ready for an extraordinary evening. With 3D projections mapped directly onto the tables, each course becomes a scene where gastronomy comes alive and tells its own story. From the very first bite, guests are drawn into an interactive narrative where their choices influence the direction of the adventure. Visual effects and immersive soundscapes blend to reveal a fantastical world where, for centuries, master magicians have secretly united to preserve their knowledge. Today, within an intimate 52 seat setting, this mysterious table is finally revealed to the public and is brought to life by the imagination of Thommy Ten and Amélie van Tass, better known as The Clairvoyants. Stars of America’s Got Talent and the Las Vegas stage, they serve as the digital hosts of the evening, delivering a captivating and immersive production that is as astonishing as it is unforgettable.

It is only fitting, in this spirit of enchantment, that the team behind The Magic Table chose to bring the experience to Fairmont Le Château Frontenac, an iconic setting where every detail is crafted to create the unforgettable:
“Offering The Magic Table to both our guests and the wider public aligns perfectly with our mission: creating the unforgettable. Every experience we deliver must leave a lasting impression, and this immersive new concept embodies that spirit entirely. We are proud to welcome a creation that transforms a simple meal into a moment of pure wonder,” says Jean-François Vary, General Manager of Fairmont Le Château Frontenac.

A FIVE-COURSE CULINARY JOURNEY

At the heart of this experience, gastronomy becomes a true engine of emotion. Guests are invited to savor a five course menu carefully crafted by the culinary brigade of Fairmont Le Château Frontenac, with each dish seamlessly integrated into the storyline and helping the narrative unfold. The Grand Illusion Menu (159,00 CAD per person + 15% service charge + Taxes) features, among other creations, a reimagined beef tartare, crispy nori wrapped tuna with a soy garlic emulsion, Canard Goulu duck, and other signature dishes that blend finesse with bold creativity. For those who prefer a vegetarian option, The Magic Garden – Vegetarian Menu (159,00 CAD per person + 15% service charge + Taxes) offers, among other highlights, Asian marinated tofu prepared with the same level of imagination and attention to detail. A vegan menu is also available upon request with advance notice. Younger guests can experience the magic as well with the Menu of the Young Magicians (79,00 CAD per person + 15% service charge + Taxes), specially designed for children aged 6 to 12. From the first course to dessert, each service opens a new doorway into the world of The Magic Table, blending flavors, textures, and visual effects to delight every guest.

RESERVATIONS NOW OPEN

Reservations for The Magic Table experience at the Dufferin restaurant of Fairmont Le Château Frontenac are now open. The experience can be booked from Thursday to Saturday until Saturday, October 31, 2026, with special Wednesday availability from July through October. Two seating are offered: the first at 5:30 p.m. and the second at 8:30 p.m., except on May 15, when a single seating will be available at 6:30 p.m. Each day, one performance will be presented in French and one in English, with alternating schedules. Prices range from 79.00 CAD to 159.00 CAD per person (excluding service charges and taxes) and can be reserved directly online.