- Under an agreement with ICTur, the Company expects to generate total revenues of around 110 million Euros over the 10-year contract
Through its HMSHost International division, Autogrill has entered an agreement with ICTur to operate 8 points of sale at Antalya Airport in Turkey. The new business is expected to generate total revenues of around €110m over the contract’s 10-year term (2015-2025).
Thanks to the partnership with the Turkish company, which manages the entire food & beverage offering at the airport, Autogrill is expanding its operations in the country, as of now concentrated at Istanbul’s Sabina Gökçen International Airport, where the Group operates 16 points of sale.
The facilities cover over 600 square meters and offer a mix of international and house brands covering the requirements of all travellers with four Starbucks, the world’s best known café label (opening for the first time in this Turkish airport), ”take away on the go” concept Kiosko, two Puro Gusto venues, the contemporary café concept for quality breaks (premium coffee products as well as selected culinary specialities), and Kebab & Beer Factory, developed to satisfy the needs of travellers keen on discovering local flavours.
“The agreement entered with ICTur is a new step forward for Autogrill’s strategy of expansion in Turkey, where airport traffic is growing fast, thanks in part to major infrastructure investments undertaken by the Turkish Government in the last few years,” said HMSHost International CEO Walter Seib. “At Antalya Airport, one of the most important in the region, we will be introducing some of our most innovative concepts to make its food & beverage offering international.”
 The agreement provides for business to be run by a company formed by Autogrill with a controlling interest of 51% and ICTur with a non-controlling interest of 49%