Budapest Airport has in recent months experienced another best-ever quarter for commercial revenues, during which the Hungarian gateway surpassed €15 million in overall retail and food & beverage sales in Q1. Growth has been bolstered by a year-on-year rise in passenger traffic exceeding +12%, while the surge which saw the airport pass the nine million traveller threshold for the first time last year shows every sign of continued acceleration.
In May BUD will launch a series of specialist retail tenders for significant areas of SkyCourt, the airport’s flagship F&B and shopping centre, in a move to refresh the airport’s commercial offer and drive passenger spend following the maturity of a number of its important retail contracts.
Budapest Airport’s Chief Commercial Officer Kam Jandu will be leading a Commercial Business Unit delegation to the ACI EUROPE Airport Commercial & Retail Conference & Exhibition, taking place in Milan this week, where he will also be chairing a session discussing competition for retail space in airports. There, Jandu will invite business partners from airport retail around the world to tender for the latest opportunities at Budapest Airport. “The Milan event is a big airport retail crossroads and gives us the platform to meet with key potential business partners while casting tender invitations to the many global brands and retail big names represented among the 400 delegates,” he said. “Our fantastic first quarter results will play an important role in attracting new interest to Budapest.”
Meanwhile, continuous improvement to the retail offer has continued with the move of several new global players into the airport, including the recently opened salon by Beverly Hills stylist José Eber, new shop openings by Dead Sea and organic cosmetics specialist GRATiAE, as well as a new Victoria’s Secret store – the global brand’s debut in Hungary.