US. HMSHost has secured contracts to operate food & beverage services at two new airports in the US: Albany, capital of New York State, and Knoxville in Tennessee.
The two operations, where HMSHost will run a combined ten points of sale, are expected to generate accumulated sales of over US$80 million during the contracts.
The six points of sale at Albany International Airport will feature both local and international brands. Together with Starbucks Coffee, Dunkin’ Donuts and Brioche Dorée, there will be restaurants themed to New York State, such as Adirondack Lodge, Silks Saragota Bistro, and Hudson Valley Wine Bar. Business is set to start up in spring 2009 and expected to generate accumulated sales of around US$60 million over the period 2009-2018. The contract will be renewable for another ten years after that.
This new start-up further strengthens HMSHost’s presence in New York State, where it operates over 40 points of sale at JFK, La Guardia and Long Island, MacArthur airports.
At 90 minutes from New York City and with around three million passengers a year, Albany International is the main airport for the bordering States of Massachusetts and Vermont.
The four F&B points of sale at McGhee Tyson Airport in Knoxville, Tennessee, will open in spring 2009 in the post-security foodcourt area, with national and international brands like Starbucks Coffee, Cinnabon, Quiznos Sub and ZIA.
The new contract is expected to generate accumulated sales of over US$20 million in the period 2009-2014, with an option on renewal for another five years.
McGhee Tyson is the main airport in the Knoxville metropolitan area, the third largest city in Tennessee after Memphis and Nashville.
Active in more than 100 airports in the US, Canada, Europe and Asia Pacific, HMSHost operates in North America’s top 20 busiest airports. In the first nine months of 2008, the company posted airport sales of US$1,582.1 million, up +7.9% on the same period in 2007, despite a -3.3% contraction in air traffic.
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