Prague Airport selects future operator of duty free shops

©Prague Airport selects new operator of Duty Free shops

The winner of the concession procedure for the operator of duty free shops at Václav Havel Airport Prague is Lagardére Travel Retail. It will acquire a contract to lease 24 business units with a total area of 4,372 m². On the other hand, Prague Airport will acquire a globally strong duty free operator who will bring a much wider offer tailored to individual passenger segments, new exclusive brands, stylish and modern shop design, digital sales elements, new sales channels and, last but not least, the expansion of the local range of products. The decision on the selection of the winner was based equally on the quality of the offered services and range of products and on the offered amount of rent.

The basic duration of the contract for the new duty free operator is ten years and it can be terminated after seven years due to the development project of Terminal 2. The total amount of rent for the ten-year contract duration is up to CZK 8 billion. The contract also includes the operation of the walk-through zone in Terminal 1, whichLagardére Travel Retail already operates, as well as some other units.

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