USA. Avolta-owned companies Hudson and Dufry have been awarded a multi-dimensional 18-year contract at New York John F. Kennedy (JFK) International’s new Terminal 6, set to open in early 2026.
The travel experience powerhouse will manage more than 2,600sq m of “reimagined space” embracing multiple duty-free, travel convenience and speciality retail stores, as well as hybrid concepts across the New York gateway.
The contract was awarded by JFK Millennium Partners*, the company selected by the Port Authority of New York & New Jersey to build and operate the US$4.2 billion terminal, an integral element of JFK’s US$9 billion transformation programme.
Pledging to set a new standard for North American travel retail in partnership with JFK Millennium Partners, Avolta said it will deliver a strong sense of place to T6 through an immersive, New York City-inspired travel retail programme.
This will allow JFK’s diverse visitor base to experience all five of the city’s boroughs, with a crafted focus on products from local entrepreneurs alongside globally recognised brands, the company noted.
“Through this new contract, which is our largest year-to-date in North America, Avolta will redefine the travel experience at one of the busiest airports in the USA – raising the bar for travel retail worldwide and expanding our leadership in US travel retail and F&B,” Avolta CEO Xavier Rossinyol commented.
“Aligned with our Destination 2027 strategy, we have put the traveller at the centre to deliver a travel experience revolution.
“We are proud of our partnership with JFK Millennium Partners, the Port Authority of New York & New Jersey, and the exceptional local business owners who embraced our vision and will bring it to life. Stay tuned for expected further news from the Big Apple.”
Capturing the energy, spirit and tastes of New York
Terminal 6 is being developed in phases with the first gates opening in 2026. When completed, annual enplanements are expected to reach approximately 4.3 million passengers, supporting the Port Authority’s vision to grow and transform JFK airport into a modern global gateway.
As part of its new duty-free contract, Dufry will develop an expansive store, drawing its inspiration from New York City’s renowned Union Square.
The shopping experience will span nearly 1,700sq m of retail space across four distinct areas, designed to capture the vibrant energy of New York City. The space will include a Prohibition-style speakeasy, a hybrid concept described as the first of its kind in any US airport.
Under its duty-paid concession, Hudson will open over 900sq m of travel convenience and speciality retail space.
This will provide travellers with a mix of sought-after essentials and exciting products from local brands that embody the spirit of New York, Avolta said, further enhancing a sense of place intended to resonate with international travellers.
The JFK T6 contract success follows a spate of similar gains for Avolta in North America, reaffirming regional market leadership in travel retail and food & beverage, the company said.
Those successes include concessions at Phoenix Sky Harbor International, Sacramento International, John Wayne, Pittsburgh International and Salt Lake City International airports
As reported, Avolta’s recent Q3 2024 results marked its seventh consecutive quarter of strong growth, in line with the company’s Destination 2027 strategy.
Avolta today confirmed its medium-term targets and reaffirmed its positive outlook, having delivered another set of strong results across all KPIs for the first nine months of 2024.
The travel experience player also confirmed its CORE turnover growth target of 5-7% p.a. on average at constant exchange rates in line with the Destination 2027 programme.
“Avolta is committed to deliver +20-40bps of CORE EBITDA margin improvement p.a. as it continues to increase its operational efficiency, and +100-150bps EFCF conversion and remains on track for 2024 and 2025 and the medium term,” the company said. ✈
*About JFK Millennium Partners
Terminal 6 is a public-private partnership between the Port Authority of New York and New Jersey and JFK Millennium Partners – a consortium that includes Vantage Group, an industry leading investor, developer and manager of award-winning global airport projects, including LaGuardia Airport Terminal B; American Triple I, a certified minority-owned investor, owner, developer and manager of infrastructure assets; RXR, a renowned New York real estate investor and developer; and JetBlue Airways, New York’s hometown airline.
When complete, Terminal 6 will connect seamlessly with Terminal 5 to create an anchor terminal on JFK International Airport’s north side.
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