Advantages for Airports
As
master concessionaire,
HTAR is an airport's sole business partner. The following characteristics highlight which
advantages airports could expect by HTAR retail management.
What distinguishes HTAR?
- HTAR provides an integrated approach.
- HTAR forms the link between airport authorities and customers.
- HTAR assumes a substantial part of business risk, provides investment and
assumes responsibility for the development, funding, implementation and
marketing of locations, management and operation of shops and food and beverage
units (state-of-the-art retail concept development and management).
- HTAR deploys its experience in both airport management and consulting
services to give clients continuous access to international best practice in
commercial management, retail concepts and customer orientation.
- HTAR reduces the financial risk for its clients and gives them greater planning
reliability, through minimum annual guarantees and participation in upside potential
by means of revenue share concepts.
- HTAR can also address other key commercial activities, such as property
management and development, parking, cargo, in-flight catering, car rentals, etc.
- HTAR provides total transparency via reporting and consultation procedures.
- Like its parent company HOCHTIEF AirPort, HTAR is geared to long-term
commitments. This sets it apart from transaction-oriented competitors.
When should airports re-evaluate their current retail business model?
- In connection with terminal refurbishment and/or extension
- In connection with new retail developments and/or expiry of major retail contracts
- In the context of a general evaluation of airport business strategy
- When benchmarking indicates underperforming commercial service quality and income
- When commercial revenue development is unsatisfactory
- When an airport lacks in-house expertise and capabilities
- When an airport has reached the limits of its financing capabilities