Duty free sales have nearly doubled at the Francisco C. Ada\/Saipan International Airport, even as food and beverage sales have remained flat over the last six years, according to a Ricondo and Associates report prepared for the Commonwealth Ports Authority on concession program and optional leasing strategies.<\/p>\n
In fiscal year 2009 duty-free sales were $9.48 million, increasing in fiscal 2010 to $9.67 million, and increasing again in fiscal 2011 to $10.69 million.<\/p>\n
The increase continued in fiscal 2012 with sales totaling $13.04 million. This went up to $14.98 million in 2013, and reached $17.84 million in 2014.<\/p>\n
Food and beverage sales for the last six years were around $700,000 to $900,000, according to the data.<\/p>\n
The number of enplaned passengers per fiscal year moved between around 425,000 to above 500,000 passengers, with fiscal 2013 having the largest number of passengers with 517,187, according to Ricondo.<\/p>\n
For fiscal 2014, the number of enplaned passengers reached 510,000. For 2012, it was 513,472; for 2011, 404,652; for 2010, 422,542; and for 2009, 425,982.<\/p>\n
Duty free sales in fiscal 2014 topped 2013 sales by nearly $3 million despite the decrease in enplaned passengers.<\/p>\n
This fiscal year, duty free sales per passenger reached a high of $44.82 over the last six years.<\/p>\n
In 2013, this number was at $35.83; in 2012, 32.92; in 2011, $35.41; in 2010; 29.01; and in 2009, $28.90.<\/p>\n
Currently, DFS has the \u201cexclusive right to operate facilities at each and every port\u2026for the sale of duty-free and other items of merchandise\u201d under its current master concession agreement with CPA, according to Ricondo in its report. That agreement is set to expire in 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"
Duty free sales have nearly doubled at the Francisco C. Ada\/Saipan International Airport, even as…<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1198,124,300,42],"class_list":["post-180504","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-commonwealth-ports-authority","tag-cpa","tag-dfs","tag-food"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/180504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=180504"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/180504\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=180504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=180504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=180504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}