Christchurch retail and advertising tendered

Christchurch retail and advertising contracts to be tendered

Christchurch International Airport Limited (CIAL) will take highly prized retail and commercial contracts to the market with an estimated total sales value of greater than $1billion in the lead up to the delivery of its new $200 million airport development.

The terminal development will provide significant, new opportunities in retail, duty free, food and beverage and other commercial activities particularly with a newly combined international and domestic retail precinct. The Airport will be seeking the best local and global operators to deliver a new level of offering to the traveller, having recently achieved successive record growth and with forecast international passenger growth of 4.7% per annum.

Rene Bakx, Chief Executive, also believes the airport's mix of passengers and services underpins a strength to its offering that is unmatched in the region.

"We have gained growth in not only the core domestic travel market but also in services both at the premium end of the international market and at the high growth low fare and "no frills" end where high retail spend can be generated. Adding to the stable base provided by our local established airlines, the growth in services from carriers such as Singapore Airlines, Emirates and the establishment of the home base of operations for Pacific Blue and Jetstar puts us in an enviable retail position", Mr Bakx said.

First underway are the multimillion-dollar outdoor and in-terminal advertising concessions for which APN and Eye are now putting forward submissions. "Being the largest city in and gateway for the South Island we offer a great opportunity for advertisers to reach both business and leisure travellers. We anticipate that a contract of this size and potential with both existing and new airport areas will make for competitive submissions from the two Asia Pacific advertising heavyweights", Mr Bakx added.

Shortly the Rental Vehicle tender will be taken to the market, to be followed thereafter by opportunities across the full spectrum of the retail and food and beverage sectors. Details will be available on all commercial and retail opportunities, as they are progressively released, through the airports' specifically developed commercial website www.airportcity.co.nz, where interested parties can make enquiries and register for further information.

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