Metropolitan Washington Airports Authority (MWAA) has awarded Fraport Washington Partnership LLC (Fraport USA) a ten-year contract to lease, develop and handle the concessions programme at Washington DC’s Dulles and Reagan Nationwide airports.
Beneath the brand new contract with the MWAA, efficient in January 2024, Fraport USA can be answerable for day-to-day administration of the concessions programme at each airports, together with the planning, leasing, and building and operations oversight of concession places to reinforce the shopper expertise.
The concession covers roughly 260,000 sq. ft of retail and F&B house throughout the airports, each of which serve the US capital.
Sabine Trenk, CEO of Fraport USA, stated: “We’re thrilled to have been entrusted with this important programme.
“Our crew is happy to convey modern options and a contemporary method to the retail and meals & beverage concession programme. This contract underscores Fraport USA’s competitiveness and experience demonstrated by means of profitable tasks within the business.”
In accordance with Fraport USA, the concessions will deal with additional enhancing the airport expertise for passengers by leveraging the individuality of this capital area.
As a part of the method, Fraport USA states that it’s dedicated to supporting small companies from the area and the inclusion of a various vary of distributors to cater to a wider viewers.
Fraport USA can be partnering with Dr Gina Merritt forming Fraport Washington Partnership LLC.
Dr Merritt is an area minority enterprise chief with a confirmed monitor report in supporting underserved communities by means of actual property and workforce improvement tasks.
The companions notice that “the help, international data and experience which are built-in into the Fraport Washington Partnership LLC creates an unmatched energy for MWAA”.