Car Parking and Rental
Heathrow Airport retail performance outstrips passenger growth in first quarter
Retail growth of +12.8% year-on-year was driven by higher numbers of departing passengers and a strong car parking performance
The ground transport day will focus on key challenges for the sector and ways to develop this part of non-aeronautical revenue at airports.
Retail growth of +12.8% year-on-year was driven by higher numbers of departing passengers and a strong car parking performance
If The Trinity Forum host signing ceremony held last night in Ho Chi Minh City is anything to go by, the actual event promises to be an extraordinary affair. The importance of the world’s leading airport commercial revenues conference coming to Vietnam for the first time was underlined by the presence of an array of top political and aviation officials.
The research covers all elements of the airport commercial offer including retail and ground transport products and services across Australia and New Zealand.
A strong performance from duty free and food & beverage contributed to robust growth in commercial turnover at Gatwick Airport last year, supported by a bounceback in passenger traffic.
Retail revenue posted an increase of +21.4% to €187 million in the year, with retail revenue per passenger reaching €3.30.
In 2024 the Spanish airports group plans tenders for outlets covering around 9% of food & beverage turnover and 13% of speciality shop turnover.
Extime Paris sales outperformed passenger traffic growth in a strong year for commercial activities, says Groupe ADP.
London Heathrow Airport retail revenue increased by +23.8% year-on-year in 2023, behind the +29% rate of passenger growth, as the airport company returned to profit after three years of losses.
Louis Vuitton and Bulgari are among the big boutique openings planned for 2024 at Amsterdam Airport Schiphol, after a solid recovery in commercial activities in 2023.
TAV Airports, a member of Groupe ADP, generated a +25% increase in revenues year-on-year for 2023 to €1.3 billion with commercial sectors – duty free, food & beverage and lounge services – all to the fore.
Abu Dhabi International Airport was today renamed Zayed International Airport in honour of the United Arab Emirates founder, Sheikh Zayed bin Sultan Al Nahyan. Martin Moodie is on location to bring you words, images and video from a milestone day for aviation in the emirate. UPDATED.