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NEWS

ARRA Urges Airports to Waive Some Pricing Policies

5/5/2022

 
The Airport Restaurant & Retail Association (ARRA) urges airports to relax concessions pricing policies in this period of high inflation in order to avoid a second financial crisis for airport restaurateurs and retailers. ARRA recommends airports:
  • Waive contract restrictions on the frequency of price changes
  • Waive contract approval requirements of price changes
  • Adopt adaptive pricing that permits individual concessionaires to respond as necessary to cost pressures and market conditions

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North Grove Corporate Park, 8120 Lehigh Ave, Suite 100, Morton Grove, IL 60053
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