Travelers spent nearly $5.5B in restaurants, specialty stores and news and gift shops at the highest-performing airports in North America, according to the 2012 edition of the Airport Revenue News (ARN) annual Fact Book. That is an 8% increase compared to 2010. Average sales per enplanement (SEP) increased to $9.49, up from $8.78 in 2010. SEP is an airport industry standard for measuring performance and indicates how much a departing passenger spends on average in the terminal before boarding a flight.
“This is a robust increase especially in light of a much slighter 2.8% increase in passenger traffic,” says Pauline Armbrust, executive director for ARN. “Some categories fared better than others, but overall, it’s an indication that the concessions programs are performing well and providing the types of merchandise and food options travelers have come to expect.”
In the highest-performing airports tracked by the ARN Fact Book, passengers spent $3.4B on food and beverage, 13.2% higher than in 2010, with SEP at $6.06. In specialty stores, travelers spent $950M, a 7.5% increase, with SEP at $1.68. In news and gift shops, customers spent $1.1B or 11% more than the year earlier with SEP at $1.92.
Airport Revenue News, a division of Urban Expositions, is a monthly B2B magazine devoted to coverage of revenue issues pertinent to airports and their business partners. The company also publishes the ARN Fact Book, the airport concessions industry’s foremost resource detailing concessions programs in nearly 90 airports. Published annually, the comprehensive book contains data on North American airports, including hard-to-find information such as concession revenues and rents, sales per enplanement, tenants listings, store square footages and contract lease expirations. The ARN Fact Book is also available as an online version.
Please go to www.airportrevenuenews.com for further information about ARN products.
For more information please contact Ramon Lo at firstname.lastname@example.org or 561.477.3417, Ext. 100.
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