Connect with us

Business

King Power wins Duty Free auction for Thailand’s main airports

King Power is adding three regional airports to its duty-free concession portfolio after winning the bid for Suvarnabhumi

National News Bureau of Thailand

Published

on

BANGKOK, 12 June 2019 (NNT) – King Power today won the bidding to run duty-free shops in three regional airports, marking another victory for the firm which previously won two licenses to operate duty-free shops and the commercial zone at Bangkok’s Suvarnabhumi Airport.

Airports of Thailand Plc (AoT) yesterday unsealed bid envelopes for the duty-free operation at airports in Phuket, Chiang Mai and Hat Yai. The three bidders were King Power Duty Free Co that won the auction, followed by a Royal Orchid Hotel (Thailand) Plc joint venture, and a consortium led by Bangkok Airways Plc.

The results of the three bids to run the duty-free shops at three regional airports will be submitted to the committee in charge of revenue assessment on June 12 before being forwarded to the AoT board for consideration on June 19.

King Power wins Duty Free auction for three regional airports
King Power today won the bidding to run duty-free shops in three regional airports,

Prior to this, AOT launched a concession auction for the Suvarnabhumi Airport Duty Free Project. The right to operate a business to manage a commercial area within the Suvarnabhumi Airport building was also won by King Power Duty Free Plc.

Source link

Advertisement
Comments

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 12,595 other subscribers

Latest

Trending