New deal will enable Airport Dimensions to expand passenger offering

By Airports, Non-aeronauticalNo Comments

In line with plans to expand its range of airport products, Airport Dimensions, the provider of premium shared-use lounges, has acquired ONGROUND Hospitality and the Sleep Lounge brand sleep’ n fly.

The deal is expected to expand the company’s presence in the Middle East following its win of the Abu Dhabi Midfield Terminal lounge contract in January 2019.

A provider of a innovative airport solutions ONGROUND Hospitality opened the world’s first airport Sleep Lounge in 2013, with the aim of meeting the requirements of transit travellers in need of a power nap or overnight sleep within the airport terminal. The concept offers sleep pods and cabins that operated on a pay-by-the-hour basis.

“We’re delighted to be joining the Airport Dimensions family,” said Oliver Shulz, Managing Director at ONGROUND Hospitality. “We’ve already had an established relationship with Collinson (Airport Dimensions’ parent company) since 2017 and this latest deal represents the natural evolution of our growing partnership.”

Meanwhile Errol McGlothan, Managing Director at Airport Dimensions, said: “We know passengers want more choice and exciting new products at the airport, and this, our first ‘non-traditional’ lounge concept, enables us to explore a wider range of experiences for our customers.”

Swedavia expands rent relief for concessionaires

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Swedish airport operator, Swedavia, has expanded rent relief measures for around 100 businesses across its portfolio of ten airports.

In response to the Swedish Government’s aid package, Swedavia originally introduced rent relief measures for some 50 businesses, including restaurants and retail shops in mid-March. The airport operator has now taken the decision to make full use of the government’s aid package for rent relief and to expand this assistance by introducing relief for another 50 businesses not covered by the government’s relief package.

“We are concerned about our partners, and we realised early on that the situation would be really difficult for many tenants,” said Charlotte Ljunggren, Director of Marketing and Commercial Development at Swedavia. “In addition to Swedavia making use of the government’s aid package to the full extent, the rent relief measures are being expanded to also include businesses at the airports that are strongly affected by the reduced passenger flow but that cannot take advantage of the government’s rent relief measures,” she continued.

This latest initiative means that around 50 businesses will now be entitled to rent relief of 25% even though they are not covered by the government’s aid package. Furthermore all businesses covered by the government’s aid package but not included in the assistance measures decided by Swedavia in March will now be able to benefit from this retroactively.

While the rent relief measures are currently in effect until 30 June Swedavia will review the impact on operations at its airports on an ongoing basis taking into account any adjustments the government makes in its package.

Commenting on how the entire sector is currently facing an extremely challenging situation, Ljunggren stated: “We basically have no operating revenue and right now are losing about 500 million kroner in revenue each month, but at the same time we are also dependent on the survival of our partners and tenants. Thus despite our situation, we are trying to do everything we possibly can to help so that together we will be able to get through this crisis.”