Avolta wins major retail and F&B contracts at JFK Terminal 8 in multi-year deal
Avolta has secured multiple contracts to develop retail and food & beverage (F&B) concessions at John F. Kennedy International Airport's Terminal 8. This follows their recent Terminal 6 contract win, with both agreements representing approximately 3% revenue increase in their North American region. The company will be part of The Port Authority of New York and New Jersey's US$125 million commercial redevelopment project, working alongside Unibail-Rodamco-Westfield (URW) Airports and American Airlines.
Avolta CEO and President for North America Steve Johnson stated: "JFK is undergoing a historic transformation, and Avolta is honored to join the Port Authority, URW, and American Airlines, to drive a travel experience revolution in Terminal 8 that leverages our North American leadership in travel retail and travel food and beverage. New York City offers a sense of place and an experience unlike any other in the world and its diverse culinary scene and shopping set a global standard. We are delighted to capture that magic and soon share it with the millions of travelers who pass through T8."
Avolta CEO Xavier Rossinyol commented: "It is an exciting time for Avolta, as we cement our future at the new JFK through our new contracts in Terminals 6 and 8, adding around 3% of incremental revenues in our North America region once fully developed — confirming our outlook for continued growth and the potential in our market. This is a testament to the strength of our business and with thanks to the dedication of our great teams in North America."
Terminal 8 is projected to handle over 7 million enplanements in 2025, with 64% being international travelers. The development will introduce several first-time airport offerings through Avolta's HMSHost, including Eataly and Momofuku. Eataly will feature an authentic Italian restaurant, wine bar and hybrid café with Grab & Go options. Chef David Chang's Peach Palace by Momofuku will offer an Asian-American fusion menu.
Hudson, Avolta's retail division, will establish multiple stores including five Hudson convenience locations, an iPorte tech store and Dear NYC, a shop showcasing local artisans and entrepreneurs.
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