Fraport USA will provide retail management services (including foodcourt and common areas) and manage the loading dock/storage facilities at Terminal B from February 1, 2020.
It will replace Unibail-Rodamco-Westfield (URW) as Terminal B concessions manager after the expiry of its contract.
“We have a commitment to delivering operational excellence and 21st Century standards of service to travellers,” notes PANYNJ's executive sirector Rick Cotton.
“Fraport has an internationally celebrated reputation for bringing a strategic mix of high-quality brands to its facilities.
"While we look forward to working with Fraport, we also thank URW for its partnership in helping transform Terminal B into a unique dining and retail experience for our customers.”
The EWR contract is the third new concessions contract won by Fraport USA in the last three years.
Featuring approximately 47,000 square feet of concessions space, Newark Liberty’s Terminal B houses some 30 specialty retailers, restaurants, and a duty-free store catering to the airport’s growing domestic and international passenger traffic.
Serving more than 46 million passengers in 2018, EWR achieved record traffic growth and ranked eleventh in the United States.
The Terminal B contract award follows an intensive competitive bid and review process by the PANYNJ, which owns and operates Newark Liberty's Terminal B.
Fraport USA's acting CEO, Brett Kelly, enthuses: “We are committed to our partnership with the Port Authority of New York and New Jersey. Together, we share the vision of enhancing operations and delivering vibrant retail experiences for the passengers at Newark Liberty.
"At the same time, we are proud to expand our role within the largest airport system in the United States.”
Fraport USA’s latest retail concessions contract for Newark Liberty International Airport’s Terminal B adds to its operations in some of the nation’s busiest airports, including Baltimore/Washington, New York-JFK Terminal 5, and Nashville.