Dubai Airport eyes top F&B firms for new terminal
Dubai Airports said on Monday it was inviting world-class food and beverage operators to submit bids to become part of the new dedicated A380 terminal.
Expected to be completed by the end of 2012, Concourse 3 will be the only facility of its kind with all its 20 aircraft contact gates dedicated to the A380, in addition to 13 remote stands.
Operator Dubai Airports said it top class F&B providers had until October 16 to submit expressions of interest for the new facility.
Eugene Barry, vice president - Commercial, Dubai Airports, said: "Dubai Airports' commercial direction has changed in recent times. As we continue to emerge as a leading global hub, the available brand concepts, and calibre of services, at our airports have to match, and even exceed, the rising expectations of an increasingly international clientele.
"Our experience and success at Concourse 1 and 2 are the result of a similar customer-centric approach, but Concourse 3 gives us a blank canvas that will help us set a new and higher standard," Barry added.
Concourse 3 will increase Dubai International's total passenger capacity from the current 60 million per annum to 75 million passengers.
It represents an important part of the airport's infrastructure expansion plan that is driven by rising passenger numbers, which are expected to reach 51 million in 2011.
Dubai International is expected to achieve a cumulative annual growth rate of 7.2 percent, outstripping industry average forecast of around 5 percent.
It also expects to take the top spot as the busiest hub for international passengers by 2015.
The 528,000 sq m Concourse 3 offers numerous opportunities for food and beverage operators, service providers and innovative brands, Barry said.
Dubai Duty Free said last month that it would part-finance the building of a fourth concourse at Dubai International Airport, in its first large-scale infrastructure investment.
The world’s largest airport retailer, which raked in $1.27bn in sales in 2010, is state-owned, and the investment forms part of a wider plan to inject $7.8bn into expanding Dubai’s airports.
“Dubai Duty Free will part-finance the development of Concourse 4 at Dubai International Airport in cooperation with Dubai Airports,” Colm McLoughlin, executive vice chairman of Dubai Duty Free (DDF) said in a statement.