Lagardère Travel Retail secures five-year travel essentials contract in Prague

By Andrew Pentol |

Prague-Relay-Rendering

The travel essentials concession covers seven business units across a total area of 552sq m.

Lagardère Travel Retail has secured the five-year travel essentials contract in Terminals 1 and 2 at Václav Havel International Airport in Prague.

The concession covers seven business units across a total area of 552sq m which are set to open by 31 March 2020.

This latest development follows the capture of the duty free contract in June, after the tender was issued at the end of last year. The duty free contract covers 24 business units in an area of 4,372sq m and begins on 1 January 2020. This includes the walkthrough in Terminal 1 which Lagardère Travel Retail already operates.

SECOND KEY CONTRACT GAIN

Václav Řehoř, Chairman of the Board of Directors of Prague Airport said: “The criteria for the tender, that started in July 2019 and opposed Lagardère Travel Retail to WHSmith Travel Limited, was 50% based on qualitative criteria, such as the merchant’s ability to continuously adapt to the changing passenger mix, originality, variety of goods offered and staffing and logistics plan and 50% on financial criteria.

“We are thrilled that, in addition to the duty free and fashion concession already attributed to Lagardère Travel Retail last June, the group will also operate travel essentials. Prague Airport is excited to reinforce this strong international partnership, in what promises to be a very fruitful long-term cooperation.”

Richard Procházka, CEO of Lagardère Travel Retail added: “We are very pleased to have succeeded in the selection process at Prague Airport. In the global competitive context, we were able to offer the best qualitative and at the same time highest financial offer. It confirms the strong and unique position of Relay in transport hubs worldwide.

“Our customers know the Relay brand from the many railway and metro stations we operate across the Czech Republic. We are also very excited to be able to release our Relay Next Generation concept at Prague Airport passengers. In the two largest stores at both terminals, we will be the first airport in Europe to introduce the combined Relay-Trip Advisor concept, which associates the best of travel retail and the online travel world.

“We will open all seven stores during the first quarter of 2020 to be able to welcome passengers at the start of the summer season.”

T2 Relay Prague

The aim is to open all seven travel essentials stores by 31 March 2020.

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