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King Power wins Suvarnabhumi duty-free contract

King Power wins Suvarnabhumi duty-free contract

BANGKOK: King Power Duty Free Co has won the bid to operate duty-free shops at Suvarnabhumi airport for another 10 years, Airports of Thailand Plc (AoT) has announced.

tourismeconomics
By Bangkok Post

Friday 31 May 2019, 05:33PM


The duty free shopping area operated by King Power Duty Free Co at Suvarnabhumi airport. Photo: Walailak Keeratipipatpong / Bangkok Post

The duty free shopping area operated by King Power Duty Free Co at Suvarnabhumi airport. Photo: Walailak Keeratipipatpong / Bangkok Post

AoT Executive Vice-President Wichai Bunyu said of all three contenders, King Power received the top score of 90 in terms of financial returns.

"The promised return is higher than what we've received and exceeds our expectations," he said.

The first runner-up, a group led by Bangkok Airways, got 80 points, he said, adding AoT would submit the bidding result to its board on June 19 for approval.

King Power Duty Free has operated duty-free shops at Suvarnabhumi since its opening in 2006. The contract will end in September next year.

The other contender at the bidding was Royal Orchid Hotel (Thailand) Plc.

King Power Group through King Power Suvarnabhumi Co was also vying for a contract to operate other commercial spaces at Suvarnabhumi and planned to bid for another contract to run duty-free shops at Phuket, Hat Yai and Chiang Mai airports.

Read original story here.

 

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DeKaaskopp | 04 June 2019 - 22:03:05

Funny? I did counter your wrong statement with a simple example and you call it a wrong example because of health campaigns? If I tell you that some other airports sell alcohol at their duty free shops more expensive will you come up with a health issue too.Always swerving when proven wrong.That is funny,exactly what clowns try to be.

Kurt | 04 June 2019 - 14:05:27

Wrong example, Dek. Derailing a opinion with just gripping 'cigarettes'? Quite funny, in many european countries there is a health campaign against smoking and therefor tax smoking increasingly . Even airlines are now banning selling cigarettes during flights.
And, calling up again my mistake about african swine fever looks funny too in framework of 'Duty Free'. Sounds 'hatred...

DeKaaskopp | 03 June 2019 - 22:01:33

" King Power more expensive than anywhere else in the world"So I guess the"African"swine fever expert visited all airports in the world lately if he can come up with such a statement.Total crap again!Just compare prices for cigarettes with those you pay at some European airports!But what to expect from someone who put"Prawit"on a list of the 10 richest people in Asia....

Kurt | 02 June 2019 - 16:41:08

King Power shops price setting in Thai airports,, not duty free at all, more expensive than anywhere else in the world, at airports or just in towns.
It iis a lot of bluff.  Well, if passengers are silly enough to buy , it is up to them. Looks like King Power shops can subsidise ThaiAir to keep flying as King Power is Suvarnabhumi airport.

CaptainJack69 | 02 June 2019 - 12:53:58

\"The promised return is higher\" Yeah, like a fleet of new Mercedes Benz\'s.  Seriously, everyone knows King Power is a monopoly and simply will not allow competition. Unfortunately they have the money and Thailand the corruption to keep it that way.

Kurt | 01 June 2019 - 10:27:42

Duty free???    Mention me 1 item in BKK airports 'duty free' stores what is not cheaper in Bangkok city or at Changi Airport in Singapore. 
That King Power alone wins the 'duty free' contract for another 10 years at Suvarnabhumi airport is not good for the international bizar expensive shopping image of the airport.

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