Lotte Duty Free believes it has an ‘outstanding partner’ in Bangkok Airways with whom it is bidding for the duty free concession at Suvarnabhumi Airport, Bangkok.

 

TRBusiness has read in local media reports – one published online by The Bangkok Post – that Dufry has also submitted a bid with a local partner. Whilst Dufry did not officially confirm its bid, or name the partner, local reports suggest this is Royal Orchid Sheraton of Thailand.

 

As reported, King Power International has been operating at Bangkok Suvarnabhumi International under a master concession model for several years. Its contract at the airport expires on 27 September 2020.

 

The new contract will cover around 20,000sq m of space at BKK and include the new satellite terminal at the airport which is due to open in 2020. The agreement will run from 28 September 2020 to 31 March 2028. Tender documents will be available for purchase from 1 April to 18 April (09:00-12:00).

 

RESULTS EXPECTED ON 31 MAY

The deadline for submissions was 22 May and the highest bidders will be announced on 31 May.

Lotte, who recently submitted its technical bid, tells TRBusiness that it is confident that it has selected the perfect partner for this tender: “We believe the company is an outstanding business partner with over 40-years experience in airport-related business.

 

“Thailand, one of the world’s most popular tourist destination where about 35 million travellers visit every year, is such an attractive playground for travel retailers.

 

“If we win, we believe we can contribute to the development of Thai travel retail industry through fair competitions.”

 

Lotte also has a downtown store in Bangkok which it opened in 2017.