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Airports Shelling Out Billions for Upgrades

In Airports, Retail by Lena Yang1 Comment

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Airports throughout the nation are racing to renovate their aging buildings for additional capacity and amenities, which are designed to attract passengers and increase consumer spending.  And by adding new finishes, concessions, and food options, airports are determined to make airlines happy with their hubs as well. Chicago O’Hare, San Francisco, and Dallas/Fort Worth all have yoga studios. Some are also including plans for pet kennels and napping suites. The figures aren’t small though – individual projects are costing more than a billion dollars.

In 2012, Hartsfield-Jackson Atlanta International Airport opened a $1.4 billion international terminal.

And here are the costs of some recent airport renovations:

LaGuardia Airport, ranked as one of the worst airports, also has plans for a much needed renovation. The projected cost is a whopping $3.6 billion dollars.

These expensive renovations will certainly improve the customer experience, but are they absolutely necessary? Will new and improved terminals generate or impact demand? Let us know your thoughts below.

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Comments

  1. capostatus84

    To answer the question are they necessary? YES ! I can’t speak for most airports, but as a New Yorker, who frequently uses JFK, LGA, and EWR, my answer is a YES YES YES ! I live in such an amazing city, yet we have some of the worst airports ! LGA is horrible ! Theres honestly only 2 reasons people travel through there, either A flight was cheaper, or B the proximity to the city. Its dark, small, dingy, and has no food. Not a place you want to be if your flight gets delayed, which happens often at LGA. The same can be said for EWR (Newark). I long for the day we have renovated airports

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