16 December 2021
Interested parties have been invited to bid for a tranche of retail, F&B and service leases as operator Malaysia Airports Holdings enters the final phase of its commercial reset programme.
The open tender for 226 commercial lots covers perfumes & cosmetics, chocolate and confectionery, pharmacy and personal care, gifts and souvenirs, convenience, fashion, and gadgets and electronics.
These are available at landside and departure locations at several airports such as Kuala Lumpur International (KLIA) and KLIA2, Penang, Langkawi, Kota Kinabalu and Melaka.
Aside F&B concessions, opportunities are also available for the following services: travel connectivity; excess baggage; transit, sleeping lounge, napping station; one-stop business service centre; telecommunication; clinic; baggage wrapping & strapping and lost luggage; and porter service/valet parking.
COMMERCIAL RESET ‘MISSION CRITICAL’
The deadline to receive expressions of interest is 15:00 (local time) on 20 December.
Tender documents can be obtained from 23 December until 20 February 2022.
A retail virtual briefing session will take place on 22 December.
Malaysia Airports, which operates 39 airports in Malaysia and Sabiha Gökçen International Airport in Istanbul, issued the bidding round following the recent improvement in air traffic movements linked to eased travel restrictions.
Of the 808 commercial outlets at airports across the country, around 70% have been tendered already and the majority of these have been awarded, updates Malaysia Airports.
Dato’ Iskandar Mizal Mahmood, Managing Director of Malaysia Airports, said: “Pre-Covid-19, the non-aeronautical segment made up about half of the group’s total revenue.
“In 2019, 47% of total revenue was contributed by this segment which includes the commercial and retail business. The commercial reset initiative was identified as mission critical, and its implementation continued despite the impact of the pandemic to the Group’s financial performance.
“We wanted to ensure that we are ready to welcome the return of passengers with exciting new retail offerings and experience, hence we welcome the participation of both local and global brands to help realise our commercial reset objectives.”
Source: www.trbusiness.com
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