Autogrill, a provider of food & beverage and retail services for travellers, has announced that it will launch operations in Dubai and Istanbul through its HMSHost International division.
The company is to offer its range of fine dining at Istanbul and Dubai airports. Once the operations are launched, HMSHost International will have 13 points of sale at Istanbul airport in Turkey. The move is expected to generate overall revenue of more than €100m in the 2012 to 2022 period. The company will also open four points of sale at Dubai airport in the United Arab Emirates. That operation is expected to generate total revenue of around €25m over a period of five years.
The company renewed its F&B/retail concessions contracts at Hartsfield Jackson Atlanta International Airport in May, for 10 years. That operation is expected to generate sales of at least $1.2bn over its 10-year duration.
In a statement, the company said, ‘In just a few years Turkey was transformed into one of the emerging markets best equipped to compete globally and one of the strongest regions, with an increasingly important role as a link between East and West. GDP is expected to reach an annual average growth rate of around 7 percent in the period 2011-2017. The fastest growing sectors include infrastructure, which will expand the country’s national and international transport capacity.’
HMSHost International recently opened two restaurants at Dubai Airport, and is to open two more by the end of the year.
Autogrill mainly operates in airports, motorway service areas and railway stations, and has a selective presence in high street shopping centres, trade fairs, museums and other cultural facilities. It operates in 35 countries.