Budapest Airport has hosted its 10th Annual Awards Ceremony, recognising the highly-valued business partners that helped make 2016 another record-breaking year for the Hungarian gateway. The airport handled over 11 million passengers last year – its highest-ever number – and achieved an impressive 19.7% increase in F&B sales. The recent gala event was, therefore, an opportunity to thank those retail associates which played a significant role in enhancing Budapest Airport’s commercial development in 2016.
Over 300 guests from Budapest’s concessionaires, carriers, operations partners, and many other enterprises working with the airport, were bought together for the evening. “We’re enormously proud of last year’s triumphs, we couldn’t achieve these fantastic results without the positive collaboration of so many closely-held partners throughout our airport. It is a great honour to be able to personally thank you all tonight for your extensive involvement in the growth of Budapest Airport,” said Jost Lammers, CEO Budapest Airport.
‘Retail Concessionaire of the Year – highest growth in customer transactions’ went to Heinemann Multi-brand Accessories. “We’ve enjoyed a thriving 18-year partnership with Budapest Airport, last year seeing the opening of our all-encompassing accessory store in the heart of the gateway’s shopping experience. We’re overjoyed with our award, and will continue to go all out to build upon our solid foundations at the airport,” commented Christoph Stump, Director Retail Sales, Gebr. Heinemann.
O’Leary’s Sportsbar & Restaurant (SSP) was awarded ‘Retail Concessionaire of the Year (F&B) – Highest turnover growth rate’. “Tonight has been a celebration for each and every one of Budapest’s commercial partners, these awards are a great boost as we head into another year, looking for new heights and opportunities together in 2017,” said Christos Orthodoxou, Area Manager Eastern Europe, SSP.
‘Retail Concessionaire of the Year – Highest absolute turnover growth’ was Interchange T2A (Arrivals Hall). “We have proudly served the FOREX requirements of Budapest Airport’s international passengers since 2007, and last year cemented our great association with the airport following the five-year extension our contract. Tonight’s award is a wonderful acknowledgment of the strong partnership we enjoy with the airport,” explained Kirsztian Janvari, CEO Interchange Hungary.
Last summer saw the completion of Budapest Airport’s retail and F&B reconstruction project, including the opening of Heinemann Duty Free’s multi-branded accessories store, featuring luxury brands Longchamp, E. Armani, Thomas Sabo, and Montblanc. Having upgraded or renewed almost 50% of the airport’s commercial areas in SkyCourt, the venture included a Spanish Desigual fashion store, Swarovski’s independent branded unit, Tommy Hilfiger and Hugo Boss extended stores, and the BL watch shop, as well as new F&B units: O’Leary’s Sportsbar and Restaurant, and the fine food concept Tashba.
With further plans to fully reconstruct SkyCourt’s duty free perfumes and cosmetics areas, Budapest’s retail revamp continues with a renewed non-Schengen duty free store, all set to be completed by April. The year ahead will bring about further commercial offerings, including an additional fashion outlet and restaurant, while 40% more retail space will be allocated to existing tenants in Terminal 2B. As a result, retail growth is forecast to continue outperforming traffic growth in 2017.
Hear more from Budapest Airport at the 26th ACI EUROPE Airport Commercial & Retail Conference & Exhibition, hosted by Aéroport Nice Côte d’Azur and taking place on 3-5 April 2017 at the Hyatt Regency Nice Palais de la Méditerranée. Kam Jandu, Chief Commercial Officer, Budapest Airport, is chairing the Second Working Session “Less is more: Are some key profit centres under-appreciated and worryingly over-exploited by over-ambitious concession targets?”