Abstract

Terminal-based retail has been sufficiently successful that many airport operators are considering enlarging their facilities in order to increase revenues. On the basis of data on the retail sales and rental revenues for 75 of the US's most important passenger airports, we demonstrate the significant impact of passenger demography on the volume and nature of airport retail sales. A method is outlined for combining information on the demography of passenger flows with construction costs in order to evaluate appropriate capital investments for terminal retail expansions.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.