Motta Internacional and Duty Free Americas have each won a block in the duty free tender at Tocumen International Airport’s Terminal 2.
The 10-year contracts cover the operation of multi-category duty free stores in Tocumen’s new terminal, which is scheduled to open in the first semester of 2019.
The new terminal will increase capacity at Tocumen to 25 million passengers a year.
Both companies currently operate duty free concessions in Tocumen’s existing Terminal 1, where they have been renovating and opening new locations.
Motta Internacional CEO Erasmo Orillac, 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.”
In his comment on the win, DFA President Leon Falic said, “We are very happy with this win. It fortifies our current strong position in Tocumen. We strategically bid for the block we feel would be best for the airport and current locations.”
Attenza Duty Free
Motta will be operating the concessions under its Attenza Duty Free commercial entity. The new contract adds 1,452 square meters of retail space to Attenza’s presence, and is in line with Motta’s strategy to further expand in the regional travel retail business.
In related news, Motta Internacional also opened a beautiful M.A.C store on May 17 in the main area of Terminal 1, right next to the newly renovated main duty free store which it completed in May.
The new Attenza Duty Free store in Terminal 2 will offer a wide range of liquors, tobacco, perfumes, cosmetics, accessories, confectionery, sunglasses, watches, and writing instruments, as well as fashion.
Attenza Duty Free currently has operations in 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.