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Milan, 19 July 2012 - Through its HMSHost International division, Autogrill Group (Milan: AGL IM) is expanding its food & beverage activities in new markets by starting up at Istanbul and Dubai international airports. The concession agreement entered with the Turkish airport provides for the operation of 13 points of sale which are expected to generate overall revenues of over €100m in the period 2012-2022. A further four points of sale are located at the Arab Emirates airport and are expected to produce total revenues of around €25m over the 5-year contract.
Sabiha Gökçen International Airport, Istanbul
Sabiha Gökçen has been one of the fastest growing airports over the last four years. In 2011, it moved around 14 million passengers (up 18% ).and will reach a capacity of 25 million passengers by 2023 following further extensions.
Winner of prestigious awards like the World’s Best Airport and the Airport Traffic Growth Award, it is 35 km south-east of Istanbul, serves the Asian part of the city and is a hub for major carriers operating in Europe and the Middle East.
In just a few years Turkey was transformed into one of the emerging markets best equipped to compete globally and one of the strongest regions, with an increasingly important role as a link between East and West. GDP is expected to reach an annual average growth rate of around 7% in the period 2011-2017. The fastest growing sectors include infrastructure, which will expand the country’s national and international transport capacity.
Dubai International Airport
HMSHost recently opened two restaurants at Dubai Airport and will open another two by the end of the year. The first, operating since April, is Taste of India, a brand created by the Group to promote the genuine flavours of Indian cuisine, and is in Terminal 1, the busiest in the airport. The second, Olive & Fig, operating since the beginning of July in Terminal 2, offers seasonal Mediterranean menus featuring products from Morocco, Lebanon, Greece, Italy, Spain and Portugal. The other two points of sale, Picnic, a gourmet market with a wide assortment of fresh produce, and Umaizushi, a Japanese restaurant, will be in Terminal 3.
Dubai International Airport, with over 50 million passengers in 2011 (up 8%), it is 4th in the ranking of airports by international passenger traffic. Considered the Middle East’s main hub, it is served by over 150 airlines linking the Emirate to over 220 destinations worldwide3.
Active in over 100 airports in the United States, Canada, Europe, Asia and Oceania, HMSHost operates in North America’s 20 biggest airports by passenger traffic.