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15/04/2024

Avolta extends retail contract with Athens International Airport to 2034

Avolta AG (SIX: AVOL), the leading global travel experience player, will build on its longstanding retail presence at Greece’s Athens International Airport with a ten year contract extension until the beginning of 2034. The contract extension sees Avolta continue to operate 31 retail stores, over a combined floor space of more than 4,900 m² in Greece’s busiest airport. The agreement underscores the significance of Avolta’s strong business partnerships in realizing the company’s Destination 2027 strategy to create a travel experience revolution.

11/04/2024

Avolta actively growing in APAC: secures new duty-free contract at Kualanamu International Airport in Medan, Indonesia

Avolta AG (SIX: AVOL), leading global travel experience player, increases its footprint in Asia-Pacific, securing a new duty-free contract for two stores at Kualanamu International Airport*, serving the city of Medan and North Sumatra. Operating in Indonesia for more than ten years and with nearly 50 stores, this contract marks Avolta’s third location in Indonesia – the largest economy in Southeast Asia and the world’s fourth most populous nation** – and first for Medan, joining existing outlets at Indonesia’s two main international airports; Jakarta’s Soekarno–Hatta International Airport and Bali’s I Gusti Ngurah Rai Airport.

09/04/2024

Avolta prices EUR 500 million of senior notes

Avolta today priced an offering of EUR 500 million aggregate principal amount of 4.750% Senior Notes due 2031 (the “Notes”). Interest will be payable semi-annually in arrears. Proceeds from the offering are expected to be used to refinance a portion of Avolta’s outstanding Senior Notes due 2024.

Hudson’s Civil Rights Trail Market_Birmingham-Shuttlesworth International

08/04/2024

Hudson Awarded Top Honors for Locally Inspired Retail at 2024 Airport Experience Awards

Travel Experience Leader Recognized for Its Innovation and Achievement in Creating a Sense of Place, Winning Best Local-Inspired Store for Its Civil Rights Trail Market at Birmingham-Shuttlesworth International Airport

Memphis Made Brewing Company_Memphis International Airport

08/04/2024

HMSHost Earns Multiple Accolades at 2024 Airport Experience Awards

Leader in Travel Dining Recognized for Its Innovation and Achievements in Serving Up the Best Bar Experiences for Travelers

08/04/2024

Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024

Avolta publishes the invitation to its Annual General Meeting 2024. The event will take place on May 15, 2024 at 14:30 CEST (doors open at 14:00 CEST), at Rhypark, Mühlhauserstrasse 17, 4056 Basel, Switzerland.

Shanghai Pudong Wolfgang Puck_ Store Front_Avolta 1

05/04/2024

Avolta strengthens its presence in China and celebrates the opening of new Travel Convenience and F&B concepts at Shanghai Pudong Airport

Avolta strengthens its presence in the China market with the opening of four new travel convenience and one new F&B store at Shanghai Pudong Airport. The installation of four new Hudson stores and the addition of a new Wolfgang Puck Kitchen + Bar at the airport, ranked as one of the busiest in China, is another way that Avolta is working to make travelers happier. With over 54 million passengers in 2023, Shanghai Pudong Airport is a major aviation hub of East Asia, an important element of Avolta’s APAC portfolio and commitment to expanding in the region.

04/04/2024

Avolta secures S&P Global Ratings Upgrade to BB+ with Outlook Stable

Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from S&P Global Rating from BB to BB+ with Outlook Stable, as announced by the rating agency yesterday. Based on Avolta’s strong 2023 operating performance and tightened financial policy, the credit rating upgrade also underscores the successful integration with Autogrill which was achieved ahead of schedule.

FEBO_Schiphol Airport_Avolta_March 2024_title

03/04/2024

Avolta brings iconic Dutch snack brand FEBO to Schiphol Airport

Today Avolta celebrated the opening of much-loved Dutch snack brand FEBO in Amsterdam Airport Schiphol. FEBO has been serving its popular snacks and fries in the Netherlands for 83 years, but today marks the first time the brand has opened a store at an airport in the Netherlands.

03/04/2024

Avolta proudly announces expanded contract with Norwegian Cruise Line: wins 4 new ships, boosts total presence to 18 ships

Avolta, leading travel experience player, has been chosen as the main retail partner by Norwegian Cruise Line (NCL), expanding their presence across nearly the entire NCL fleet and strengthening the company’s cruise portfolio. The major cruise company has awarded Avolta new contracts on a total of four NCL ships as well as renewing its existing contracts for 14 NCL ships. Avolta is kicking off new contracts on Norwegian Viva, Norwegian Prima, Norwegian Star, and Norwegian Encore. In addition, Avolta has been tapped to serve as the retail partner for NCL’s next Prima Class newbuild, Norwegian Aqua, which is set to debut in 2025.

28/03/2024

Avolta receives Moody’s upgraded credit rating to Ba2 with Stable Outlook

Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from Ba3 to Ba2 with Stable outlook according to Moody’s Investment Service announcement yesterday. The credit rating upgrade follows the successful closing of the business combination with Autogrill in 2023 as well as the company’s strong 2023 financial performance, the announcement of a balanced capital allocation policy and the solid trading environment in 2024.

28/03/2024

Avolta pilots partnership to measure CO2 footprint of its Dutch F&B offerings

Avolta, the leading global travel experience player, is partnering with sustainability data experts HowGood and PS in Foodservice to pilot a new innovation to measure its carbon footprint within the Dutch supply chain. The pilot aligns with two key focus areas of Avolta’s recently-published ESG strategy: Create Sustainable Travel Experiences and Respect Our Planet. The initiative equips Avolta with a centralized platform to accurately calculate the carbon impact of ingredients used in its F&B stores in the Netherlands. Subsequently, Avolta can collaborate directly with partners across its local supply chain to devise a more sustainable approach to its operations.