Aldeasa secures ten-year duty free contract at Cancún Airport’s new Terminal Three – 26/10/06

MEXICO. Aldeasa Mexico has been awarded a ten-year duty free contract at Cancún International Airport’s new Terminal Three. The contract runs from the second half of 2007, when the terminal opens.

The 1,800sq m shop will be designed as a walk-through store, said airport authority ASUR (Grupo Aeroportuario del Sureste).

Under a new agreement with ASUR, Aldeasa has also extended its contracts at Cancún T2, as well as at Cozumel and Mérida airports. The retailer will also pay more rent on its existing duty free shops at those locations, said ASUR.

An increase in passenger numbers – forecasts for this financial year point to over 5 million travellers – and last year’s closure of T1 following its destruction by Hurricane Wilma, led ASUR to construct this new terminal.

The new concession sees Aldeasa consolidate and increase its business in its most important destination in the Caribbean. Once T3 opens it will have a total of 3,055sq m of space. Aldeasa already operates five shops in T2 where it has extended its contract until 2017.

The retailer has also extended its contracts at Cozumel and Mérida for a further ten years.

In Cozumel, Aldeasa has shops of 400sq m and 206sq m respectively, and in Mérida one measuring 48sq m. In addition it has a 400sq m general duty free shop in the Port of Cozumel, the concession on which has also been renewed until 2016.

ASUR has the concessions to operate maintain and develop the airports of Cancún, Mérida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico.

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