April 29 2020  |  Associations

MEADFA advocates for financial support and retailer rent relief during unprecedented times

By Jas Ryat




The Middle East and Africa Duty Free Association (MEADFA) will engage its full advocacy capacities with the government to ensure the travel retail industry will receive financial support and retailers will receive rent relief.

“First, it is critical to ensure that countries in Africa and the Middle East understand that travel retail must be included in every financial support plan to safeguard transport and tourism,” shared the MEADFA Board.

“Second, it is also key that retailers are supported by the whole industry vis a vis landlords. There is a key need for a rent relief strategy for landlords to support their retailers during these unprecedented times. Therefore, MEADFA will as a priority engages wherever it is necessary to protect the industry and support the members.”

MEADFA highlights that governments need to understand that travel retail in Africa and the Middle East is a key economic player and employ more than 70,000 persons.

“Beyond the immediate crisis period, we anticipate that the recovery of the travel and tourism sector will take time, as airlines and tour operators gradually build capacity in the system. Summer 2020 airline bookings will be dramatically below 2019 and previous years, and winter capacity for 2020/2021 will probably be much lower as airlines take a cautious view of the market,” stated MEADFA.

MEADFA continued to underscore its sector as a “systemic importance for aviation, maritime trade and tourism because commercial revenues are absolutely critical to the financial and economic well-being of transport and tourism infrastructures.”

MEADFA pledges to use every means of digital communication available to engage properly with political and administrative authorities.

Brand News

May 18 2020

Ricola moves forward with new product…

​The expert in Swiss herb products is pressing on with its mission to release new products into travel retail markets, despite…

By Jas Ryat

May 13 2020

DFD introduces new cluster dedicated…

​Duty Free Dynamics is a state-of-the-art, regional distributor of global brands within the Americas’ travel retail channel

By Jas Ryat

May 13 2020

Shiseido Travel Retail hit by COVID-19…

​Shiseido Travel Retail has reported net sales of ¥27.8 billion (US$255.2 million) in the first quarter ending March 31,…

By Mary Jane Pittilla

May 11 2020

Coty releases new Mr. Burberry…

​Coty has announced the introduction of Burberry’s newest men’s fragrance, Mr. Burberry Element

By Hibah Noor

May 11 2020

Viña Concha y Toro certifies its…

​In response to the complex health crisis in Chile and the rest of the world, Viña Concha y…

By Laura Shirk

April 30 2020

​Duty Free Dynamics and Samsonite…

Panama based Duty Free Dynamics (DFD) has announced the extension of its partnership with luggage manufacturer Samsonite.…

By Jas Ryat

April 27 2020

​Rodenstock propels ahead with…

As internal travel resumes in China, China Duty Free Group is once again enticing shoppers using online and e-commerce platforms.…

By Jas Ryat

April 24 2020

Duty Free Dynamics celebrates the…

Duty Free Dynamics announces the launch of Oris x Momotaro, a Divers Sixty-Five special edition watch that Oris made in collaboration…

By Jas Ryat

April 24 2020

LEGO Group builds protective visors…

In Denmark, LEGO Group is producing protective visors for healthcare workers. The company has converted a number of moulding…

By Jas Ryat

Copyright 2020 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap