"Airports rely on you spending money inside the terminal. In 2024, US airports generated over $1 billion of revenue from purchases like $6 bottled water, $27 beers, and $10 Chex Mix. And airports are only getting more expensive. In the early 2000s, some tried to match the price of goods outside the airport. But today, many airports are raising or removing that limit."
"In 2024, US airports generated over $1 billion of revenue from purchases like $6 bottled water, $27 beers, and $10 Chex Mix. And airports are only getting more expensive. In the early 2000s, some tried to match the price of goods outside the airport. But today, many airports are raising or removing that limit. And there's little competition inside the terminal - much of the food and retail at the airport is operated by a few massive companies."
Airports depend on passengers spending money inside terminals to generate significant revenue. In 2024, US airports collected more than $1 billion from in-terminal purchases such as $6 bottled water, $27 beers, and $10 Chex Mix. Prices at airport shops and restaurants are increasing. In the early 2000s some airports tried to match prices outside terminals, but many airports have since raised or removed those limits. Limited competition exists inside terminals because a few massive companies operate much of the food and retail. Reduced price caps and concentrated operators contribute to higher charges for captive travelers.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]