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GLOBAL NEWS – Autogrill enters China at Beijing and Sanya airports

Through its HMSHost International division, Autogrill Group enters China and gives new impetus to its expansion in Asiatic markets with the signing of two agreements to open 10 food&beverage points of sale at Beijing and Sanya International Airports in 2015.

At Beijing Airport, business will be run by a joint venture with Huazhuo, a major local airport food&beverage operator. The six locations here are expected to produce overall sales of €44m in the six year contract duration.

At Sanya Airport, one of the country’s main tourist destinations, Autogrill has formed a partnership with Cosmos, a Chinese operator with long experience in foodservice and retail, to run four locations, of which two to be managed directly by Autogrill and two under sub-concession. The Company expects business here to generate total revenues of €6m in the period 2015-2020.