The key announcement on the second day of the
Tax Free World Association event, running in Singapore this week,
was Abu Dhabi Airports Company (ADAC)’s launch of its new brand
concept: Shop-Dine-Unwind.
Having changed from a direct operator to a
landlord for its duty free operations, the relevance of the
existing Abu Dhabi Duty Free brand was brought into question.
With the change in strategy came the need
to revise the retail division’s approach and a travel-retail
concept and brand that could be transferred beyond the physical
borders of the emirate.
Huraiz bin Huraiz, Chief Commercial Officer for
ADAC, explained, “While we all appreciate the achievements and
equity that was built up with the Abu Dhabi Duty Free brand, the
new business model has transformed significantly over the past 18
months and it was not a suitable brand we could grow and use
outside of Abu Dhabi.
“The Shop-Dine-Unwind brand, which will be
managed by ADAC’s Commercial Division, not only highlights the
change in our business model from owner-operator to landlord, it
is also easily transferable – outside of Abu Dhabi – and will
eventually enable us to highlight the quality of a travel-retail
offer, within ADAC managed airports, internationally,” added Bin
Huraiz.
ADAC currently manages five airports within the
emirate of Abu Dhabi and sees potential, in the long-term, as an
airport asset management company. This necessitates the need to
create a transferable destination brand for its retail and F&B
division which could manage this aspect of the business, within
the respective airport.
ADAC’s stated vision is to ‘create the world’s
best airport environments’, and Shop-Dine-Unwind was created to
reflect the retail, food and beverage (F&B) offer within those
ADAC managed airports. The first Shop-Dine-Unwind branded property
within ADAC’s portfolio is Terminal 3 – Abu Dhabi International
Airport.
“The Shop-Dine-Unwind offer in Terminal 3
represents the base benchmark of our retail offer and experience
from which, through constant feedback from our passengers, we will
strive to learn, improve and grow the offerings,” said Bin Huraiz.
Shop-Dine-Unwind will also go live in Abu Dhabi
International’s Terminal 1 facility within 2010 and in line with
the major renovations and enhancements to other travel-retail real
estate within the ADAC portfolio. The ultimate Shop-Dine-Unwind
offer will, says ADAC, be delivered when Abu Dhabi’s upcoming
Midfield Terminal Complex is launched in 2015.
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