Foot traffic does not translate to sales as global airports are proving. As the Financial Times reports, despite a more than 7 percent increase in the number of travelers flying worldwide, non-aeronautical revenue per person is down across Europe and plateauing in North America. Non-aeronautical revenue comes from services like car rentals, parking fees, shopping and dining components. “Airports have done amazingly well at creating real estate and commercial revenues. The cash flows from their […]
source https://therealdeal.com/2018/05/27/come-fly-with-me-airports-prized-real-estate-revenues-are-struggling/
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