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Airport Property
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Strong retail spending buoys record-breaking Heathrow performance
Retail revenue per passenger, a key indicator of commercial performance, rose 5.8%. That drove a strong 8.6% hike in retail income, well ahead of 2.7% passenger growth. High-end luxury sales at Heathrow Boutique helped spur the vibrant performance, while food Read More
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Paris airports’ retail & services revenue hits €1 billion in 2018
Revenue from retail at the two major Paris airports climbed by 6.8%, with F&B a key contributor; income per passenger grew only marginally in the year, says Groupe ADP. Read More
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Manchester Airport to open private terminal offering premium service for all types of passenger
Access to the PremiAir terminal starts at £50 (US$65), creating “a completely new way to travel” according to Manchester Airports Group. Read More
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London Gatwick Airport retail income climbs by +10% in first half
London Gatwick Airport retail income rises by double digits in the six months to 30 September, while income per passenger soars amid a wave of retail and dining development. Read More
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ACI builds closer ties with MEADFA to boost retail at African airports
The continent has – by far – the lowest share of income from non-aeronautical sources than any other global region, something ACI Africa wants to change. Read More
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Retail and F&B partners revealed for Austin-Bergstrom International’s US$350 million terminal expansion
HMSHost, Paradies Lagardère, Delaware North and AUS EJE Duty Free are the key concessionaires for retail and F&B at the expanding Texan airport. Read More
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AENA to “redesign and streamline” retail across airport network under updated Strategic Plan
Spain’s major airports company AENA today revealed details of its Strategic Plan to 2021, with "retail facilities at the main airports to be redesigned and a plan implemented to improve the performance of duty free shops". Read More
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Bermuda Airport issues request for proposals for 11 retail and five food & beverage units
There are 16 retail and food & beverage opportunities available at the airport's new 29,000sq m terminal. Read on for details. Read More
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Fraport breaks ground on second terminal at Thessaloniki Airport as part of €100 million investment
“Today marks the dawn of a new growth era for Greece," says a proud Fraport Greece Chief Executive Alexander Zinell of the new 34,000sq m terminal, due for completion in two years. Read More
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Frankfurt Airport gets green light for Pier G and sets 2021 opening date
Some 1,960sq m of retail and food & beverage space will feature in the new pier, which is being built in response to increased demand in the low-cost segment. Read More
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TAV Airports sees weakness in spend per pax at ATÜ Duty Free
Spending per passenger fell at both Istanbul Atatürk Airport and across the TAV network in the first half. Read More
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Singapore Changi Airport Terminal 5 takes major step forward
Master Building Consultants responsible for architectural design and engineering consultancy services have been appointed. Read More
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Retail shines as Sydney Airport realises strong return on store and F&B investment
Sydney Airport today unveiled a robust +12.7% year-on-year rise in retail revenue for 2017, easily outstripping passenger growth of +3.6%; (international +7.2%). Read More
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F&B spending trumps retail at Schiphol in 2017
Concession revenues outstrip passenger growth but average retail spend is hit by the airport's capacity crunch. Read More