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24/10/2024

Avolta successfully refinances its main bank facility

Avolta has successfully amended and extended its existing Revolving Credit Facility (RCF). The amended EUR 2,400 million RCF with maturity in 2029 replaces the EUR 2,750 million RCF expiring in 2027.

23/10/2024

Avolta expands with new store opening at Chile’s Santiago International Airport

Avolta announces the opening of a new duty-paid store, expanding the company’s existing portfolio at Santiago International Airport in Chile. The walk-through new store, spanning 950 m2, offers passengers more opportunities to enjoy their journey and aligns with Avolta’s commitment to create a strong sense of place for travelers.

21/10/2024

We are delighted to invite you to our 3Q Trading Update Presentation Webcast: Thursday, October 31 2024 at 14:30 CET

10/10/2024

Avolta Celebrates Multiple Wins During TFWA Week in Cannes 2024

Avolta is delighted to announce a series of prestigious awards won during this year’s TFWA World Conference and Exhibition week in Cannes. These achievements, received in the same week that Avolta unveiled its revolutionizing loyalty program ‘Club Avolta’ to the world, further validate the company’s strategic efforts to redefine the customer journey. Leveraging the intelligence gained from its global network of more than 5,000 outlets across 73 countries, Avolta is sharpening its focus on customer-centric solutions, digital transformation and integrated sustainability.

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09/10/2024

Avolta’s HMSHost Expands Food and Beverage Partnership with Milwaukee Mitchell International Airport

Under a newly awarded contract extension, the restaurateur will continue to operate at MKE through 2031 and bring new dining options to the terminal — including the airport’s first Dunkin’ locations.

08/10/2024

Avolta celebrates duty-free contract win at Turkey’s new Çukurova International Airport

Leading global travel experience player Avolta AG (SIX: AVOL) further extends its presence in Turkey, announcing its first duty-free contract win at the brand new Çukurova International Airport. Avolta will make travelers happier through a locally-inspired offering across its 1,000 m² duty free space within the Departures and Arrivals areas. Recently inaugurated in the southern province of Mersin in Turkey, the new airport services a range of domestic and international destinations, with a capacity of 9 million passengers, enhancing connectivity and supporting tourism and commercial activities in the area.

03/10/2024

Travelers Once Again Name HMSHost’s Dining Venues among the “10Best” at Airports across the U.S.

In USA TODAY’s 2024 10Best Readers’ Choice Awards, travelers voted HMSHost’s Blu2o at Palm Beach International Airport into the prestigious top spot as Best Airport Bar.

30/09/2024

Avolta launches global ‘Club Avolta’ loyalty program for travelers

Leading global travel experience player Avolta AG (SIX: AVOL) has today launched Club Avolta, an industry-first loyalty program that seamlessly integrates duty-free, duty-paid, food & beverage (F&B), brands, airports, airlines, hotels, and more. This strategic initiative aims to revolutionize the global travel experience, enhancing traveler satisfaction and driving sales.

27/09/2024

Avolta celebrates the newly renovated Duty Free store at Mexico City International Airport

Avolta has officially opened its newly renovated 1,600 m² Duty-free store at Mexico City International Airport (AICM). Offering the full range of Duty-free categories in a fresh open layout, the successful renovation makes travelers happier with interactive digital experiences, an expansive luxury watch and jewelry space accented by an impressive espresso and drink bar, boutique store-in-store spaces, luxury fashion and more.

26/09/2024

Avolta wins six-year contract to bring Swedish hero brand & Other Stories to the airport, opens new store at Stockholm Arlanda Airport

Avolta is set to elevate the fashion offering for travelers at Sweden’s largest airport, having secured a six-year contract to operate & Other Stories at Stockholm Arlanda Airport. The contract marks the first time the Swedish brand – part of H&M Group – will open at an airport anywhere in the world, rendering the win even more significant for both Avolta and Stockholm Arlanda Airport.

25/09/2024

Official Opening for refurbished World Duty Free store at Edinburgh Airport

Following the completion of the full refurbishment of its World Duty Free store in Edinburgh airport, representatives of Avolta and the Edinburgh airport team met today to officially launch the new store. Avolta successfully extended its duty-free contract at Edinburgh airport in March of this year. As part of that contract renewal Avolta committed to expand the retail space by a further 30% to 1,740sqm, and introduce several exciting new features and digital elements.

24/09/2024

Avolta leverages regional economic slow-down to fast-track APAC strategy: enters into deal to acquire Free Duty, funded by cash on balance sheet with no impact to the deleveraging commitments

Avolta (AVOL: SIX), leading global travel experience player across retail and F&B, has entered into a deal to acquire 100% of Free Duty from NWS Holdings Limited (0659. HK), a conglomerate with a diversified portfolio of market-leading businesses predominantly in Hong Kong and the Mainland. The deal would see Avolta’s positioning significantly strengthened in the Asia Pacific (APAC) region, gaining access to 150 million travelers and increasing regional sales by CHF 250 million. The acquisition of Free Duty, a leading border travel retail operator in Hong Kong and the Greater Bay Area, would lead towards an early delivery of Avolta’s Destination 2027 strategy in APAC, generating accelerated revenue growth at attractive margins. The closing of the transaction is subject to customary conditions precedent.