- Retail revenue registers 24% increase over 2011 to 809.5 m AED
Abu Dhabi, United Arab Emirates, 2013-01-30 — /travelprnews.com/ — Abu Dhabi Airports Company (ADAC), the operator of Abu Dhabi’s five airports, revealed today that Abu Dhabi Duty Free retail revenue reached AED 809.5 million in 2012, with an increase of 24% over 2011, setting a new record for the company.
The announcement was made today at the opening of Trinity Forum 2013, hosted by Abu Dhabi Airports Company, during the welcome speech from the Chief Operating Officer, Mohammed Al Bulooki at Yas Marina Circuit Media Center, Abu Dhabi.
The retail figures reflect an increase in the Spend Per Passenger and average transaction value during 2012. This is mainly due to the attractive combination of the retail mix, a variety of luxury brands and the promotional campaigns of the retail operators. In 2012, Abu Dhabi International Airport’s passengers grew by 18.9% bringing 14.7 million passengers through the airport.
During his opening speech at Trinity Forum, Mohammed Al Bulooki, Chief Commercial Officer of Abu Dhabi Airports Company said: “Through the careful planning and efforts of the entire team, along with ADAC’s retail partners, Abu Dhabi Duty Free increased revenue to a record of 809.5 million representing a 24% increase over 2011. Such commitment and creativity won ADAC the prestigious Frontiers Awards for “Best Airport Operator of the Year 2012”.”
New projects set to be completed in 2013 are a new Armani boutique and doubling the size of the Burberry boutique which will include the addition of ready to wear in Terminal 3; this further increases the width and breadth of the airport’s retail offer for its passengers.
Al Bulooki also presented the new Midfield Terminal program and advised delegates that the business will grow to over AED 1.5 billion by 2017 when the new airport is scheduled to open. The Midfield Terminal project is one of the largest aviation infrastructure projects in the world and will facilitate the growth of the Capital of the UAE and its national carrier Etihad Airways.
The Trinity Forum, the travel retail industry’s key annual conference, is taking place during the period between 29th and 31st January 2013 in Abu Dhabi, and it is jointly organized by the Moodie Report and Airports Council International (ACI) it has attracted around 300 delegates to advance discussions and a mutual understanding of development in the airport retail industry.
###