INDIA. Cochin International Airport Limited (CIAL) is preparing to launch a global tender to develop, operate and run duty free stores at the airport’s new Terminal 3.
The RFP is expected to be issued on 1 March.
The Moodie Davitt Report is providing exclusive global coverage of the tender in one of India’s best-performing airports for retail, working with one of the country’s most successful airport authorities.
The new Terminal 3 is expected to be operational next month. The 1.5 million square feet facility will include an extensive retail and food & beverage offer. The duty free proposition will include both arrivals and departures stores. The arrivals business is particularly important at Cochin, accounting for around 90% of existing sales.
The duty free business at the airport is currently operated by CDRSL under a Management and Procurement contract. The incumbent Management and Procurement contract partners are World Duty Free Group, Kreol (Mr. A.S. Lal ) and Alpha Kreol India Ltd.
We’ll bring you full store and contract details in coming days as part of our intensive coverage of this important contract opportunity.
NOTE TO AIRPORT OPERATORS: The Moodie Davitt Report is the industry’s most popular channel for launching commercial proposals and for publishing the results. If you wish to promote an Expression of Interest, Request for Proposals or full tender process for any sector of airport revenues, simply e-mail Martin Moodie at Martin@MoodieDavittReport.com.
We have a variety of options that will ensure you reach the widest, most high-quality concessionaire/retailer/operator base in the industry – globally and immediately.
Similarly The Moodie Davitt Report is the only international business intelligence service and industry media to cover all airport consumer services, revenue generating and otherwise. We embrace all airport non-aeronautical revenues, including property, passenger lounges, car parking, hotels, hospital and other medical facilities, the Internet, advertising and related revenue streams.
Please send relevant material, including images, to Martin Moodie at Martin@MoodieDavittReport.com for instant, quality global coverage.