Agreement extension between Autogrill and McCarran Airport

The current concession, expiring in 2028, will be extended for 7 years and is valued about 1.5 billion dollars. New restaurants to open in Las Vegas by 2021
Agreement extension between Autogrill and McCarran Airport

Autogrill group, through its subsidiary HMSHost, is going to manage food & beverage services for a further 7 years – from 2028 until 2035 – at McCarran International Airport in Las Vegas.

The contract extension, just approved by the Clark County Board of Commissioners, is worth about $1.5 billion revenue for the Italian group in the period and provides a further improvement of the offer with a refurbishment of current stores and additional spaces. HMSHost currently operates over 60 restaurants in the airport.

McCarran International Airport is one of the top ten airports in the United States. With traffic constantly increasing over the last nine years, McCarran hit its all-time record in 2019 with 51.5 million passengers (+3.8% compared to 2018).

THE AGREEMENT BETWEEN AUTOGRILL AND MCCARRAN

Some recently opened restaurants brought to McCarran by HMSHost are included in this extension as well. These include Shake Shack and the first North American airport-located Pret A Manger.

Further planned developments will begin opening by 2021. Along with the redevelopment of its airport offerings, HMSHost will bring some of the Las Vegas region’s most beloved local coffee and restaurant brands into the airport. New openings include some of the group’s own concepts designed with travelers in mind such as La Familia and PZA.

HMSHost’s current restaurants within McCarran include Sammy’s Beach Bar & Grill, Las Vegas ChopHouse, Metro Pizza, PGA TOUR Grill, Ruby’s Diner, and Brookwood Farms BBQ among many others.

“We are extremely pleased with this new important agreement, further strengthening our partnership with McCarran International Airport and confirming our Group’s leadership in the airport channel in North America” said Autogrill Group’s CEO Gianmario Tondato Da Ruos. “Thanks to a unique concession platform and to our operational excellence, we are a point of reference for the whole industry and a trusted partner for the world’s most relevant landlords” the CEO said.

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