Ivo Favotto
After working for four years as General Manager – Planning & Economics at the now privatised Federal Airports Corporation of Australia, Ivo rose to prominence in the travel retail sector with the publication in 1998 of the first edition of the then Airport Retail Study (ARS), which pioneered retail performance benchmarking in the travel retail sector. Ivo conceived, conceptualised, and developed the ARS into a globally acknowledge source of vital information for airports and retailers.
The Airport Retail Study is still published – now in its 10th edition – by Moodie International who acquired it in 2007 and renamed it The Airport Commercial Revenues Study.
In addition to working in the airports sector, Ivo has also worked for two of the largest global travel retailers, Lagardère Travel Retail and The Nuance Group.
For Lagardère, he was Executive GM – Duty Free & Luxury – Pacific between 2012 and 2016. He led the development of the duty free and luxury business for Lagardère in the region, taking it from start-up to a business with a turnover of A$200m, more than 500 employees and over 35 stores.
For Nuance, he was EVP – Strategy & Business Development between 2007-2011, based in Zurich, Switzerland and led the global business development process for multi-billion dollar concession agreements, as well as many smaller concessions, JVs and acquisitions.
His consulting career has also included stints with boutique consultancy, Bach Consulting, industry leading Big 5 firm Arthur Andersen (which then became Ernst & Young) and URS Corp, a Fortune 500 global planning, design and engineering consultancy.