Denver International Airport reports record concessions revenue in 2014

Denver International Airport reported (25-Feb-2015) a 9.5% year-on-year increase in gross concessions revenue to USD322.8 million in 2014, marking the second consecutive year of record-setting sales. During the year, the airport handled a record 53.4 million passengers, bringing concessions revenue per enplaned passenger to a record USD12.07, an increase of 7.6%. Looking ahead, airport CEO Kim Day commented: “In 2015, we will continue to add even more variety that includes a brewery-themed restaurant at the upcoming Westin Denver International Airport hotel, as well as concepts for men’s and women’s fashion, additional restaurants, convenience and retail opportunities — all to provide an elevated travel experience.” Due to expiring leases, the airport expects to transform about 75% of its shops, restaurants and other amenities over the next few years. The airport currently offers around 140 retails, restaurants and services in more than 177,000sqft of space. In 2014, DIA opened a total of 21 new or updated concession locations, tying the record set in 2013 for the most new locations opened in one year since the airport’s inaugural year in 1995. A total of 42 new or updated concessions have opened in the last two years, and the airport expects to open up to 25 new or remodeled locations this year.

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