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Denver offers relief to struggling retailersDenver offers relief to struggling retailers
18-Oct-2001
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Authorities at Denver International airport have approved a
four-point plan offering relief to concessionaires in light of the
downturn in traffic and spend since September 11. Tenants will not
have to pay rent for the three days that the airport was closed
following the attacks on the US, nor will they be penalised for
terminating contracts early.
The city's department of aviation is also making a $4m loan pool
available to struggling operators, repayable at 2% interest. As a
final measure, the airport has proposed a moratorium on all new
concessions.
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(12-Oct-2001) -
(8-Jul-2003) - A strong performance from landside and airside concessionaires has helped Denver International airport achieve record revenues at the start of 2003.
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