ARRA Urges Airports to Waive Some Pricing Policies

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

Read More