Motta’s ATTENZA Duty Free and Duty Free Americas win duty free concessions for T2 at Tocumen Intern’l Airport
Motta Internacional’s ATTENZA Duty Free and Duty Free Americas each won a duty free concession at Tocumen International Airport’s Terminal 2 today. The 10-year contracts cover the operation of multi-category duty free stores in Tocumen’s new terminal.
Both companies currently operate duty free concessions in Tocumen’s existing Terminal 1, where they have been renovating and opening new locations.
In related news, Motta Internacional also opened a beautiful M.A.C store last Friday in the main area of Terminal 1, right next to the newly renovated main duty free store which it completed in May.
Attenza Duty Free
With this new contract, ATTENZA Duty Free will add 1,452 square meters of retail space, supporting the expansion of the Panamanian airport. The new space is in line with its strategy to further expand its presence in the regional travel retail business.
This new terminal will give Tocumen International Airport the capability to handle 25 million passengers a year. The new terminal is scheduled to open in the first semester of 2019.
The new ATTENZA Duty Free store in terminal 2 will offer a wide range of products including most categories such as liquors, tobacco, perfumes, cosmetics, accessories, confectionery, sunglasses, watches, writing instruments, as well as fashion.
Erasmo Orillac, CEO of Motta Internacional, commented, “We are very pleased and excited about this new project not only because it reinforces our strong commitment to grow in the regional travel retail market, but also strengthens our relations with our commercial partners.”
Earlier in the day, Orillac had told TMI how very excited the company was about the new concession opportunity. TMI will carry a full report on all of Attenza Duty Free’s developments at Tocumen in our Cannes magazine.
Motta Internacional, S.A. is a pioneer in the Colón Free Trade Zone in Panama, with over 50 years of experience in the duty free and travel retail business. It opened the first duty free store at an airport in the western hemisphere, and currently owns, operates and supplies over 55 duty free stores in the region and has over 1,500 employees.
ATTENZA Duty Free, the commercial identity for Motta Internacional, currently has operations in 6 countries in Latin America: Panama, Colombia, Nicaragua, El Salvador, Trinidad and Tobago and Ecuador.
Duty Free Americas
Duty Free Americas, which won two of the three duty free blocks tendered for Tocumen’s Terminal 1, has now opened eight new duty free stores in Tocumen, along with two News & Gift shops, a bar, and boutiques for Kate Spade and Polo Ralph Lauren. DFA has also won the concession for three bars in the new Terminal 2. We will bring more details on the new concession as they become available.
Read the full story in the October/Cannes issue of Travel Markets Insider.