Thailand: retail bid in U-Tapao airport concession

Thailand’s Central Group and DFS Venture Singapore snapped up retail and services concession at an upcoming airport in the eastern province of Rayong, a government official said on Monday, beating out duty-free giant King Power.

The announcement underlines the challenges King Power is facing as its dominance of the lucrative Thai duty-free and travel retail industry comes under scrutiny, at a time when it is also trying to recover from the recent death of its chairman, Vichai Srivaddhanaprabha, in a helicopter crash.

“Central Group won the retail and services auction while King Power won the bid for duty-free,” Vice Admiral Luechai Sri-eamgool, director of U-Tapao International Airport, said.

U-Tapao is the first airport in Thailand to hold an auction with multiple concessions, splitting up duty free and retail operations. Up until now, King Power has enjoyed near monopoly, being a sole operator with concessions in all major airports.

King Power’s most lucrative franchise in Thailand’s main international airport is under a single license that is set to expire in 2020. Auctions for concessions at Suvarnabhumi are slated to take place later this year.

Airports of Thailand Pcl, a state-owned firm that grants the concessions at major airports including Suvarnabhumi, may consider multiple concessions at the auction, analysts say, increasing competition among retailers.

Tourism is booming in Thailand, which received nearly 35 million visitors last year, most funnelled through the airports where King Power is ubiquitous. But public debate has increased over the single duty-free operator structure.

Bidders in the U-Tapao concession included Thailand’s Minor International and Korea’s Lotte Duty Free.

Under the 10-year concessions for retail, service and duty free at U-Tapao, operators must share at least 15 percent of their revenue with the government or the minimum guaranteed amount, whichever is higher, Vice Admiral Luechai said.

“The results will be submitted to the defence minister for approval with commercial activity to begin February 2018.”

King Power, which owns Leicester City football club, did not immediately respond to a request for comment from Reuters.

Yuwadee Chirathivat, chairman of Central Department Store, Central Group’s largest unit, said the consortium “was delighted” that the winning bidder would also be responsible for counters where tourists can pick up duty-free items bought outside the airport.

While U-Tapao is smaller than Suvarnabhumi and Don Muang airports, upgrading the Vietnam War-era airport is at the centre of the government’s industrial policy in the east.

It remains a quiet airport with weekly international flights mainly to China, its website shows.

Source: Reuters

Fraport USA Sets RFP Workshops for BNA Expansion

Fraport USA in conjunction with BNA has launched its much anticipated Request for Proposals (RFP) for approximately 40 food and beverage locations in Nashville International Airport.  The airport is the gateway to the City of Nashville, therefore the focus of this program will be to bring the incredible dining experience of Nashville and the Tennessee region into the airport, creating the ultimate passenger experience.  This solicitation is open to all.

To help potential respondents, Fraport will conduct two workshops in which we will review the RFP Letter, RFP Instructions, the Term Sheet, the Lease Plans and Lease Outline Drawings (LODs) as well as the Development Plan.  It is important to review the RFP and bring your questions to the workshops for further discussion.

Source: The Tennessee Tribune

Aeropuerto de Tocumen: dos nuevos concursos de retail para la terminal 2

El aeropuerto internacional de Tocumen ha publicado dos nudos concursos de retail. El primero dedicado a la prestación de servicios no aeronáuticos, a título oneroso, para la explotación comercial del negocio de joyeria de alta gama en la terminal 2.

El segundo, para la prestación de servicios no aeronáuticos, a título oneroso, para la explotación comercial del negocio de tienda de artesanías panameñas, también en la terminal 2.


Adjudicaciones en el Aeropuerto de Murcia: tienda de regalos Submarine, kioskos WH Smith, cajeros Eurofinance

Los primeros concursos de la oferta comercial en el nuevo Aeropuerto de Murcia han sido adjudicados por el consejo. Han sido tres concursos que contemplan el arrendamiento de un local para la venta de regalos (a la empresa Submarine), otro de productos delicatesen (a Ibérica Negocentro) y dos establecimientos con oferta multitienda (adjudicado a WH Smith, con prensa, libros, snacks, etc..). Un cuarto expediente recoge la instalación de dos cajeros automáticos y ha sido adjudicado a Euronet 360 Finance.

Fuente: Murcia Diario