F&B

Avolta wins nine-year contract for 26 stores in Istanbul’s Sabiha Gökçen International Airport

Retrieved on: 
Wednesday, April 10, 2024

Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport.

Key Points: 
  • Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport.
  • Now, Avolta is set to enhance its portfolio with four exciting new stores, blending global and local flavors and designs to create a sense of place for every traveler.
  • Avolta will also open a proprietary bar to be fueled by Anadolu Efes, a popular Turkish beer producer and Europe’s fifth largest brewer.
  • It marks a significant milestone in the company’s partnership with Sabiha Gökçen International Airport, and reinforces Avolta’s commitment to the airport’s continued growth and evolution in the years ahead.

Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany

Retrieved on: 
Wednesday, April 10, 2024

Walter Seib, CEO Northern, Central and Eastern Europe, Avolta said: "This tender win marks a significant milestone, as we enter into a new long-term partnership with Flughafen Köln/Bonn GmbH. We are honored to be identified as their preferred partner, and are thankful for the opportunity to bring our expertise in food and beverage to Cologne Bonn Airport. It is a great example of our Destination 2027’s strategy for growth in EMEA, with a focus on long-term partnerships in areas where we can leverage our existing presence. A big thanks also goes out to the Avolta team whose collaborative efforts were vital to us securing this significant contract. Our aim is to transform the experience of travelers passing through Cologne Bonn Airport over the next ten years, and make travelers happier.”
“The new partnership with Avolta is a milestone and will permanently change the face of the airport," says Thilo Schmid, Chairman of the Managing Board at Flughafen Köln/Bonn GmbH. "The versatile concepts for a total of 17 gastronomic areas are part of a completely new retail and gastronomy concept in the terminals, with an unmistakable regional connection to our destination. We are proud to have won the renowned company Autogrill under the umbrella of the globally active Avolta AG as a new partner of Flughafen Köln/Bonn GmbH as part of a Europe-wide tendering process, whose innovative plans reflect our idea of the future design of our airport in the best possible way.”
The 17 new F&B stores will open in Terminals 1 and 2 of Cologne Bonn Airport, establishing a retail footprint of approximately 3800 m². Travelers will discover a range of proprietary stores, including Brewgate, Le Crobag, and Two Tigers, as well as iconic franchise brands including Burger King, Espresso House and Simit Saray amongst others. Avolta’s offering will include quick service restaurants and grab & go solutions, supported by digital kiosks and Order & Pay systems via QR code, to make ordering more efficient for travelers with less time. Travelers looking for a quiet space to wind down or work between flights can enjoy table service restaurants like Terracotta or heritage restaurant Früh bis Spät, which serves local Kölsch beer.
-----About Cologne Bonn Airport
Cologne Bonn Airport is one of the most important commercial airports in Germany. In 2023, around 9.8 million passengers used the airport. Around 870,000 tonnes of air cargo were handled here. Every year, more than 120 destinations in Europe and beyond are served. 
The Airport lies at the heart of one of the biggest import and export regions in Europe. Cologne Bonn Airport is a major economic factor and one of the biggest places of employment in the region. Climate protection and sustainability are an important part of the corporate strategy. By 2045 at the latest, the airport intends to be completely carbon neutral. 

Key Points: 
  • Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany
    Avolta AG (SIX: AVOL), the leading global travel experience player, is expanding its presence in Europe, by entering into a new partnership with Flughafen Köln/Bonn GmbH.
  • The contract win sees Avolta open 17 new food and beverage stores at Cologne Bonn Airport, located between the cities of Cologne and Bonn, Germany.
  • We are honored to be identified as their preferred partner, and are thankful for the opportunity to bring our expertise in food and beverage to Cologne Bonn Airport.
  • A big thanks also goes out to the Avolta team whose collaborative efforts were vital to us securing this significant contract.

Avolta embarks on 10-year journey with 8 new F&B stores at India’s new Noida International Airport, grows India footprint to more than 100 stores

Retrieved on: 
Wednesday, April 10, 2024

Freda Cheung, President & CEO of Avolta’s APAC region, said, "APAC is a region where we recognize, and are pursuing, great growth opportunities, and it is wonderful to be taking such great steps here in India. Our new partnership with Noida International Airport, a brand new player in India’s booming air travel sector, is one of these successful steps of regional growth in a country where we offer both travel retail and F&B. An exciting opportunity to take our expertise and partner in the development of an airport from the beginning. We are honored to have been selected as an F&B partner, and look forward to the journey ahead, making travelers happier with eight new dining outlets. Our team meticulously crafted a portfolio of brands that fuses global excellence with a local touch, we look forward to realizing a successful partnership and to exceeding your expectations."
Mr. Christoph Schnellmann, Chief Executive Officer, Noida International Airport, said, “We are excited to welcome Avolta as our F&B partners, as we continue to build the customer experience at Noida International Airport. Together, we aim to curate an impressive array of offerings with local flavours along with global cuisine, ensuring an appropriate balance that caters to diverse appetites. We’re excited to welcome passengers to come and savour the finest international and local cuisine at the airport. Our emphasis remains on establishing a strong connection with the passengers and providing diverse offerings that cater to everyone’s needs and preferences.
Present in more than ten countries, and with operations spanning 35 years, Avolta is actively growing in the APAC region line with its Destination 2027 strategy. Underpinned by growth in domestic and intra-regional travel, the region represents the fastest growing travel market; a place that Avolta is ready to play an important role. Operating in India since 2008, the company has built a strong and distinguished reputation with travel retail and F&B, operating across locations in Delhi, Hyderabad and Bangalore, with local business development continuing to gain momentum.  
Avolta’s presence in Noida International Airport is faithful to its mission to make travelers happier, with a curated F&B selection serving up a mix of globally-loved brands with distinctly local flavors. With these outlets, passengers will find a place to kick back and relax before their flight, or convenient spots to grab and go on the move, ensuring that travel is not just about the destinations, but also about the delicious memories you savor along the journey.
-----About Noida International Airport 
Noida International Airport (IATA code - DXN) will connect the greater Delhi area and Western Uttar Pradesh with other cities in India and the world. This world-class airport will combine Swiss efficiency and Indian hospitality to offer rich experiences and comprehensive commercial attractions and services to its passengers.NIA will be the first airport in its class in India to achieve net zeroemissions, setting a new standard for sustainable airport operations.
 
The first phase of the Noida International Airport, featuring one runway and one terminal, will have the capacity to handle traffic of 12 million passengers annually. Upon completion of all four development phases, the airport will be able to cater to 70 million passengers per year.
 

Key Points: 
  • Avolta embarks on 10-year journey with 8 new F&B stores at India’s new Noida International Airport, grows India footprint to more than 100 stores
    Avolta AG (SIX: AVOL), leading global travel experience player has been awarded eight new F&B concessions for 10 years at India’s soon-to-be-opened Noida International Airport, strengthening its presence in India.
  • Poised to make local and international travelers happier, Noida International Airport has been built to connect the greater Delhi area and Western Uttar Pradesh with other cities in India and the world.
  • Mr. Christoph Schnellmann, Chief Executive Officer, Noida International Airport, said, “We are excited to welcome Avolta as our F&B partners, as we continue to build the customer experience at Noida International Airport.
  • We’re excited to welcome passengers to come and savour the finest international and local cuisine at the airport.

Reading International Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, April 1, 2024

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2023.
  • Our 2023 results included $19.4 million of interest and $18.4 million of depreciation and amortization.
  • Excluding the impact of real estate monetizations, this Basic Loss per Share was the best fourth quarter result since the pandemic.
  • The unprecedented 2023 Hollywood Strikes impacted our Q4 2023 results and created real challenges for early 2024.

Drainage Solutions to Enhance Product Safety for the F&B and Pharma Industries, Upcoming Webinar Hosted by Xtalks

Retrieved on: 
Tuesday, April 9, 2024

TORONTO, April 9, 2024 /PRNewswire-PRWeb/ -- Maintaining hygienic processes is vital for the continuity and success of operations in sectors such as food and beverage (F&B) and pharmaceuticals. Ensuring stringent hygiene standards helps prevent contamination risks, including the proliferation of harmful bacteria like Listeria, which is critical for product safety and managing cleaning costs.

Key Points: 
  • The featured speaker will discuss the benefits of hygienic drainage solutions.
  • This webinar focuses on the importance of hygienic drainage solutions in maintaining optimal hygiene within facilities.
  • Register for this webinar today to gain insights into best practices and innovations in drainage solutions that contribute to safer and more efficient operations.
  • Join Leonel Leal, Sales & Product Development Manager, ACO Building Drainage , for the live webinar on Thursday, April 25, 2024, at 1pm EDT (10am PDT).

Melco leads Macau with the greatest number of stars attained in MICHELIN Guide Hong Kong & Macau 2024

Retrieved on: 
Thursday, March 14, 2024

MACAU, March 14, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by MICHELIN Guide Hong Kong & Macau 2024 with a collective total of eight MICHELIN stars across five restaurants located in its properties including City of Dreams, Studio City and Altira Macau. The result establishes Melco as Macau’s leader with the highest number of MICHELIN-stars achieved across its properties. City of Dreams’ Cantonese fine dining restaurant Jade Dragon maintains its top-tier Three MICHELIN-Star status for the sixth consecutive year. Alain Ducasse at Morpheus, paying homage to the great traditions and savoir-faire of French cuisine, continues to be honored with Two MICHELIN-stars for the sixth consecutive year, while Cantonese restaurants Pearl Dragon at Studio City and Ying at Altira Macau, and Japanese restaurant Sushi Kinetsu at City of Dreams each garner One MICHELIN-star.

Key Points: 
  • MACAU, March 14, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by MICHELIN Guide Hong Kong & Macau 2024 with a collective total of eight MICHELIN stars across five restaurants located in its properties including City of Dreams, Studio City and Altira Macau.
  • The result establishes Melco as Macau’s leader with the highest number of MICHELIN-stars achieved across its properties.
  • City of Dreams’ Cantonese fine dining restaurant Jade Dragon maintains its top-tier Three MICHELIN-Star status for the sixth consecutive year.
  • Mr. Lawrence Ho, Melco Chairman and Chief Executive Officer, said, “It is an honor to receive such a distinction from MICHELIN Guide Hong Kong & Macau.

Tatvam Insights Partners with Acquire Digital to Revolutionize Airport Experiences at Hartsfield-Jackson Atlanta International Airport

Retrieved on: 
Thursday, April 4, 2024

In a groundbreaking move set to transform the passenger experience and boost non-aeronautical revenues at Hartsfield-Jackson Atlanta International Airport (ATL), Tatvam Insights has announced a strategic partnership with Acquire Digital, a leading provider of digital signage, self-service interactive, digital wayfinding, and audience measurement software solutions.

Key Points: 
  • In a groundbreaking move set to transform the passenger experience and boost non-aeronautical revenues at Hartsfield-Jackson Atlanta International Airport (ATL), Tatvam Insights has announced a strategic partnership with Acquire Digital, a leading provider of digital signage, self-service interactive, digital wayfinding, and audience measurement software solutions.
  • This collaboration introduces an innovative feature integrating real-time customer ratings into ATL's digital directories, fostering a competitive environment that promises to elevate customer satisfaction across all service providers.
  • The integration of customer feedback into Acquire Digital’s advanced digital wayfinding systems represents a pivotal advancement in enhancing the airport’s commercial offerings.
  • A Commitment to Excellence and Innovation:
    “Tatvam Insights is thrilled to partner with Acquire Digital to bring this innovative feature to ATL,” said James Archer, Vice President of Global Growth and Innovation, Tatvam Insights.

Technology Advances Enabling Sugar Reduction in Food and Beverage Products: A Visionary Perspective on R&D and Innovation Efforts - ResearchAndMarkets.com

Retrieved on: 
Monday, March 18, 2024

The "Technology Advances Enabling Sugar Reduction in Food and Beverage Products" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Technology Advances Enabling Sugar Reduction in Food and Beverage Products" report has been added to ResearchAndMarkets.com's offering.
  • Sugar reduction has become mainstream in the food and beverages (F&B) industry as end consumers increasingly focus on healthier food choices.
  • This research provides a snapshot of the technological advances related to sugar reduction strategies in F&B products.
  • What are the growth opportunities for stakeholders trying to develop sugar reduction technologies in the F&B space?

Ant International Kicks Off Global Campaign for UEFA EURO 2024

Retrieved on: 
Thursday, March 14, 2024

As an Official Partner of the UEFA EURO 2024, the 17th edition of the international football championship organized by Union of European Football Associations (UEFA), Ant International kicks off a global campaign across its businesses – Alipay+, Antom and WorldFirst – to engage and celebrate with fans globally in the lead up to one of the biggest sporting events of the year.

Key Points: 
  • As an Official Partner of the UEFA EURO 2024, the 17th edition of the international football championship organized by Union of European Football Associations (UEFA), Ant International kicks off a global campaign across its businesses – Alipay+, Antom and WorldFirst – to engage and celebrate with fans globally in the lead up to one of the biggest sporting events of the year.
  • “Nothing brings people closer together than travel, trade, and a legendary sport like football,” said Douglas Feagin, President of Ant International.
  • “For European businesses, global enthusiasm over UEFA EURO 2024 brings not only international tourism revenue, but also the opportunity to grow their customer base.
  • Alipay+ has launched an in-app UEFA EURO 2024 fan zone exclusively for users of AlipayHK, Touch ‘n Go eWallet, TrueMoney, GCash and DANA.

Palm Tree Names Michael Schall as a Strategic Industry Advisor for Investment Banking Operations

Retrieved on: 
Tuesday, March 12, 2024

Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.
  • “Michael is uniquely qualified to advise on growth efforts within this comprehensive industry, given his extensive experience within CPG and F&B-focused operations spanning over 40 years.
  • “I am honored by the opportunity to advise Palm Tree on driving growth and maintaining forward momentum for its CPG and F&B investment banking practice,” said Mr. Schall.
  • He is also a partner at Meaningful Partners , a Senior Advisor to Conscious Capitalism , and an operating adviser for Graham Partners .