FRANCE. Newmark Retail has secured a commercial consultancy contract with Frankfurt Airport-operator Fraport.
The agreement was announced tonight at TFWA World Exhibition in Cannes (click here to view our rolling coverage).
The London-based travel retail and airport consultancy will work alongside Frankfurt Airport’s commercial team on the development of marketplaces across its terminals.
Newmark Retail will help create a state-of-the-art experience for visitors, with the airport set to have a capacity of up to 75 million passengers in the near future. One of the first projects the consultancy will support is the development of Frankfurt Airport’s Terminal 3 and B Schengen marketplace.
Newmark Retail Executive Managing Director and Head of Travel Retail Simon Black said: “It is an exciting time for Frankfurt Airport. The airport has a global reputation as an international aviation hub and gateway to Germany, Europe and beyond.
“The investment in new infrastructure and marketplaces in the new Terminal 3 and B Schengen creates transformational opportunities for the airport and commercial partners alike. We look forward to working with our industry colleagues at Fraport to realise the full potential of these projects.”
Fraport Vice President Retail Key Account Management Nina Kristin Gür said: “We have always valued our business relationship with the Newmark team, and we are delighted to embark on this journey to build our vision for Frankfurt Airport and our passengers, inspiring them through exclusivity and innovation across our marketplaces in retail and hospitality.” ✈
