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HomeMy WebLinkAbout2006-07-26 STAFF REPORTS 3A *PALM SpR ,a. Z c+ �/ N k c9L/FORN`P CITY COUNCIL STAFF REPORT DATE: July 26, 2006 CONSENT AGENDA SUBJECT: AIRPORT CONCESSION PROGRAM DEVELOPMENT PLAN — RECEIVE AND FILE FROM: David H. Ready, City Manager BY: Aviation Department SUMMARY Staff is requesting Council to receive and file the attached Airport Concession Program Development Plan. This plan will serve as a guideline for a comprehensive development path working towards a significantly improved Airport concession program. RECOMMENDATION: 1. Receive and file the Airport Concession Program Development Plan dated June 15, 2006. STAFF ANALYSIS: Council had previously approved the selection of Center for Airport Management, a subsidiary of SH&E to develop a concession development plan for the Airport. The results of CAM's planning and analysis are in the attached report entitled Airport Concession Program Development Plan, dated June 15, 2006. Results and highlights of the Plan include: 1. Providing dining and shopping options to emphasize regional tastes and flavors. 2. Creating design guidelines to provide more impact with an improved sense of local community and culture. 3. Establish a regional theme including content of key annual area events and local tourist attractions. 4. Optimize existing and future concession space consistent with the expansion and contraction of seasonal passenger fluctuation. 5. Identified four distinct concession zones, which have been assessed against anticipated passenger requirements, and include: ITEM NO. A City Council Staff Report (July 25, 2006) — Page 2 (Airport Concession Plan) i i i i (a) Landside: 1. Develop a new Coffee Kiosk in the ticketing area 2. Redevelop the "Celebrity Bistro" into a cafe/bar concept 3. Add a specialty retail unit 4. Retain the existing newsstand location (b) Main Garden Courtyard — Primary Concession Area: 1. Develop three food & beverage units with large overflow patio seating area 2. Develop a small newsstand 3. Develop a "festival of carts" for peak season traffic (c) Main Airside Terminal: 1. Redevelop the "Desert Classic Grille" as a cafe/bar concept (d) New Regional Jet Terminal: 1. Add concession locations at the entrance to the new regional terminal 2. Add a cafe/bar with interior and patio seating 3. Add a small newsstand 4. Provide space for seasonal carts 6. Revenue growth and passenger satisfaction goals will be driven by four key factors: a) A 69% increase in the size of permanent concession program b) The creation of flexible space c) Recapture of existing locations d) Assumed enplanement growth to 885,000 by 2010 The Airport Commission, at its regularly scheduled meeting on June 7, 2006, unanimously approved this plan. The next step will be for staff to solicit an RFP and/or commence negotiations with the current vendor to develop a proposal for council using the guidelines in the concession's study. Any proposal will be incorporated into the reconstruction plan for the new Regional Terminal and landscaped areas. FISCAL IMPACT: There is no fiscal impact at this time other than staff time required to commence an RFP process. Ultimately, staff anticipates a positive increase in future concession revenues in addition to non-airport capital improvement dollars being invested at the Palm Spring International Airport at a future time subject to Council approval. City Council Staff Report (July 25, 2006) -- Page 3 (Airport Concession Plan) Richard S. Walsh, A.A.E., Director of Aviation David H. Ready,City r Attachments: Airport Concession Program Development Plan S _1.&E/C ]►M Airport Management Consultancy 0' w',`: �..r.'f;�,'', t'"i', .•wA dj d���n Sl .p'����r(,}"�','i"�''% F. , Y r N 1:,£� ,..'` •'rv�P'r N'1 i�'Y.+�: �.,.-n.--r�Fi.-..,...n--rn-^^... 7r, U1nl.a' � Pr,Wb.'.,.. ' �_ ,r F= ::a'i0:',Y df d4°b,1�('.,1.;�).�' � 1 4�;��W�;,v.ltin• 1 'hY°'r$y;r' 'rN''� •i!.. •;�' �!'ry,`.Qn?j[•i �,�,,..per: .,w .� .... � � ���:� �. 'i• .',",a•I�!;i,�'�:+y"; f,.,}7�a tlfn:.r:o, 1 • .,:.: 'tie.•. 1 :+i ?�4_r�.iA .�•6;^ .r,y . ,,i!i„."+,Wr,`(�?iF"?l,iyj���Wrl�'n.w..r Y.�'1�i:t ,.. 1 '.r�� �i �'�.f�i?N�;rN�",lf'., ..:.,,�;.�. �•b�..'+y!4���?;I.i{ _ r� y, , . 1 ✓4 L P5d rt".IµWI.'V,�'v r.t�'-l...l� �iA 'f"1 `� � !�"� ...''` ern'"• e6�r AlY I 1 I � 1� ',re"?•>^pd^,.,��}.�. I' '.aa,:';'��!':, r.a,'�'• ,.14 , r'p'+>r.J.J.z�y�� �. '„;Yd ��'d4 �yy'�"si�,.q.,.y;:d�'hrnrra"• ��i.; N�ia.!�y"�pan'�' . ''w' •N, •y^�p f I �Mr ,�'wpu �,��V �,1•?V.. hi � C,,T^ d:`d�1 j n'r��!�. jb'. n i.°1 ni:.r'�ry �.�;a 1. ;,r"�'yq�" .•:�:�'o• e;r I I 1 Prepared for: Palm Springs International Airport 1 The City of Palm Springs Prepared by: d SH&E/CAM June 15, 2006 �I TABLE OF CONTENTS i i 1. Executive Summary ...... 1 ......................................................... Introduction.................................................................... ............................... 1 Key Findings and Recommendations.................................----------------------------1 2. Concession Program Goals.................................................... 3 i PSP's Economic Impact..................................................................................3 Concession Program Goals and Objectives....................................................4 3. Concept Alternatives Analysis............................................... 6 Concept Determination Methodology.............................................................6 iFood and Beverage Concepts....--...... .............................................. ............9 i RetailConcepts.............................................................................•--- I I 4. Concessions Plan........................ Primary Concession Areas............................................................................ 12 Concession.Plan Summary----------..................................................................12 i Zone I —Landside Terminal(Existing)........................................................14 i Zone 2-Main Garden Courtyard.......----------------- .........................................17 Zone 3—Main Airside Terminal(Existing)..................................................20 Zone 4—New Regional let Terminal(Courtyard)........................................22 5. Financial Analysis ....24 ............................................................. Introduction...................................................................................................24 SummaryResults.................................................. .......................................24 i i i i i Airport Concession Program Development Report 06-15-06 Page 1 i I EXECUTIVE SUMMARY o . I Palm Springs International Airport (PSP) has embarked on a program to expand its terminal complex and concurrently create a contemporary passenger amenity i program to meet the needs and wants of its expanding and changing passenger base_ i jThe aviation industry continues to face an interesting challenge as air traffic levels nationwide now exceed the peak year passenger levels of 2000, wlrile most airlines are still struggling to turn a profit. This disparate recovery of near-record airport jtraffic combined with major airline financial losses is stimulating increased pressure by carriers to lower all costs, including those incurred at airports. As airlines turn to airports to reduce rates and charges and at the same time provide better service to passengers, airports are aggressively pursuing opportunities to increase non-airline revenues and to upgrade and improve facilities to meet growing demand. Our work and recommendations strive to find the balance between providing a great passenger experience,producing revenue to the airport, and containing or reducing the net cost of operation at PSP to the airlines. Building on the sizing and preliminary programming recommendations outlined in Simat, Helliesen & Eichner, Inc./The Center for Airport Management's (SH&E/CAM's) Demand Analysis Report,provided under separate cover,this report will further develop and define preliminary concession plan details. ■ The terminal complex concession plan includes four distinct concession shopping and dining zones;the existing landside pre-security terminal building, the open-air main garden courtyard,the existing main secure terminal, and the new regional jet terminal. As mentioned in an earlier report,the four zones arc necessary because of the physical layout of the terminal complex and the need to provide services in each zone for passengers. Airport Concession Program Development Report 06-15-06 Page 1 ■ It is recommended that the food and beverage concessions be anchored by a 066/bar concept in each of the four zones. Each of these units will offer three day-part service,with varying themes and menu offerings in each location. Duplication of menu items should be minimized. d A full-year concession operations plan should provide sufficient comfortable, conditioned interior shopping and dining space to accommodate the demand when outdoor dining or shopping could be uncomfortable. All cafe/bar locations should include adequately sized interior seating areas in addition to i exterior seating areas. I ■ The main garden courtyard concession locations are positioned to be immediately visible to passengers as they exit the security screening area,at the point that traffic divides between the two terminals;permanent concessions are located on the right,with seasonal carts clustered to the left. I This zone now becomes the primary concession area for the terminal complex,as there will be greater exposure to all passengers here than in any other secure area of the terminal complex. It is important that concession ' amenity signage be located in this area to inform and guide passengers to ' concession areas_ ■ Concession locations,sizes, and concepts in the existing main secure i terminal will remain largely unchanged with the exception of the Desert Classic Grille being converted into a cafelbar. While the Desert Classic I Grille is generally configured as a caf6/bar today,wait staff and table service I levels currently do not ineet service levels typically associated with a cafe/bar concept. i M The regional jet terminal concessions are proposed to be located in the i garden courtyard at the cntrancc to the terminal;permanent concessions are located on the right,with seasonal carts clustered to the left. ■ Design consideration should be given to the two new garden courtyard concession areas with the goal of developing a patio marketplace theme for these areas that may expand and contract to accommodate passenger levels. o For the two existing concession areas in the laadside terminal and existing main terminal,there is an opportunity to develop more dynamic storefront design criteria that will help to visually unify the concession program and draw more attention from passengers. Airport Concession Program Development Report 05-15-06 Page 2 1 CONCESSION PROGRAM GOALS Travelers come to the Coachella Valley as vacationers, for business, to attend conventions, or for personal reasons, such as to visit relatives. The airport service r area includes a population base of more than one million, and extends £com the communities of Yucca Valley and Twentynine Palms on the north; Banning and Beaumont to the west; Hemet to the south; and Blythe to the east. The state of i California grew at a rate of 1.2% in 2005, adding 444,000 new residents for a total i estimated population of nearly 37.2 million persons as of January 1, 2006. As of January 1, 2006, the ranking of the state's 10 most populous counties included i i Riverside. Riverside County grew by 3% during 2005. 2005 marked the fifth j consecutive year that Riverside County ranked in the state's top 10 on all three measures — size, numerical change and percent change. Riverside County is now ranked 2°' out of all 58 counties in terms of rate of population increase. The county added 65,019 new residents in 2005, bringing its population to an estimated 1,953 i million on January 1, 2006. The Coachella Valley added 17,016 new permanent residents in 2005, bringing the grand total to 411,997. The valley boasted 4 of the top 10 fastest growing cities in terms of percentage increase in Riverside County. Three valley cities were among the 25 fastest growing cities in California. The Valley has grown astronomically over the past few decades. The permanent population has increased 237% since the 1980 census, when there were 122,196 residents. It has grown 78% since the 1990 census, when the population was 230,865. And it has risen 29.5% since the 2000 census when the number of residents stood at 318,125. In addition to the permanent population, the valley is home to a substantial seasonal population. The seasonal population in the valley totaled roughly 146,000 at the beginning of 2006_ Combine the seasonal residents with the permanent population of almost 412,000 and the number of people residing in the valley during the peak "season" months is roughly 558,000.1 By 2010, the value added contribution to the regional economy due to the presence of the airport will exceed$1.6 billion.2 'Wheeler's Desert Letter,May 15 2006,Volume 48 Number 9 3 Excerpted from PSTs Economic Impact Statement Airport Concession Program Development Report 06-15.06 Page 3 Palm Springs International Airport is a valuable asset to the citizens of its service area, linking the Coachella Valley region with California, the nation and the world.3 i I I i Like many airports that understand the inherent potential of an optimized concession program, PSP recognizes the impact a concession program can have on customer satisfaction and revenue. To that end, SH&E/CAM has prepared a preliminary outline of program goals and objectives, for your review and revision, to help define j - program characteristics going forward. I I ■ Optimize customer satisfaction by providing: — A variety of interesting and appropriate dining and shopping options. — A combination of local and national brands. — Concession zones placed for optimal visibility and access. i — Eye-catching store design, signage and merchandising. — A concession management program to support world-class customer i g P g PP service that includes measurable,quantifiable performance standards. I ■ Optimize concession revenue by: Establishing business terms that are commensurate to quality and quantity of traffic for any new agreement. Allowing and encouraging seasonal expansion to serve peak season demand. — Identifying and managing opportunities to increase revenue. 'Soarct PSP Airport Concession Program Development Report 06-15-06 Page 4 i ■ Create inviting concessions that capture the spirit of Palm Springs and the greater Coachella Valley-a sense of place-by: - Establishing design criteria that integrates with the airport and reflects the unique characteristics of the region. - Menu offerings and merchandise assortments should reflect an appropriate level of regional themes,interests and tastes. - Encourage local business and DBE participation. - Develop ways to support key area events through product assortment, temporary concessions and other marketing opportunities. Airport Concession Program Development Report 06-15-06 Page 5 CONCEPT ALTERNATIVES ANALYSIS 3 ' MI.N Determining concept selection expands on the five concession planning principles, outlined in the Concessions Planning Principles Report, provided under separate cover. For PSP, concept analysis involved the review of 11 areas that impact concession performance. Z. Passenger Shopping and Dining Behavior The types of concession units;the specific retail or food service concepts,the number of units, the individual unit sizes, and the locations and adjacencies, are based primarily on analyses of passenger shopping and dining behavior in airport terminals, adjusted for the unique characteristics of PSP; existing and planned facilities, existing concessions,traffic flow, safety and operational conditions. 2. Unique Air Travel Motivators Over years of study we have found that passenger behavior in airport terminals is driven by a variety of relatively traditional demographic and psychographfc (lifestyle) characteristics that are significantly influenced by air travel related motivators and environmental conditions. 3.Dwell Time Impact on Impulse and Necessity Purchasing Purchasing behavior is also driven by the"dwell time,"the amount of time that each passenger has in the terminal prior to boarding. This dwell time greatly affects how much time will be available for "impulse" and "entertainment" shopping, after the "necessity" items are purchased, once passengers have become "travel ready" by obtaining boarding passes, etc. Necessity items include most products found in airport`newsstands." 4 Food Service Analysia For a segment of the population, "necessity" also means food service. The selection of food service concept types (e.g_, eafd/bar, quick serve,walk-away snacks, sit down dining) is greatly driven by the percent of the airport terminal population that perceives that it has 20 minutes, or 6 minutes, or 45 minutes of additional available time. With regard to food service, the time of day of flight departures is also factored in; increasing projected "capture" if they are near traditional meal times. In the case of Airport Concession Program Development Report 06-15-06 Page 6 PSP, the current peak season flight schedule includes early morning and noon departure peaks with flights extending through the early evening, placing the majority of enplancments in the terminal around breakfast, lunch and some early dinner times. S. Unit Productivity The productivity (transactions per hour capability) of each particular concept is analyzed, capture and peak hour passenger load is factored in, and the appropriate number of units,per concept type, are planned. 6. Stage Length The importance of understanding the percentage of flights lasting longer than two hours versus shorter regional/commuter flights stems from the belief that the behavioral motivation of passengers differs, depending on length of flight, especially with respect to food and beverage purchases. With minimal food service aboard flights today, passengers want to ensure that they will not be left hungry during their longer haul flight. As a result, airports have seen an increase in carry-on meals and food and beverage sales in general as passengers ensure they are well fed before departing. As the percentage of flights longer than two hours at PSP increases significantly during the peak season, this was a consideration that impacted both permanent and temporary program sizing. 7. Segment"Size The analysis of the number of differently motivated potential customer segments,and the size of each segment incorporates, as well as passengers, the airport and airline (including flight crew) employee base, the meeter-greeter base (for arriving passengers) and the well-wisher base (for departing passengers). The size of these latter two segments varies with whether the passengers are business or leisure and varies with the nationality of the traveler. Well-wishers are particularly good food service customers, for example. 8. Sizing of Units Each concept is sized to reflect the most viable unit size, and then adjusted as necessary to reflect local constraints and conditions. The objective is to maximize gross sales (revenue is not generated per square foot, but is paid as a percentage of gross sales), while returning an acceptable concessionaire profit. Sizing is established so that the operator can display the amount and variety of product necessary to achieve revenue and service objectives. Airport Concession Program Development Report 06-15-06 Page 7 I • 9. Locations i A critical consideration in concept analysis includes shops that will have the highest capture, and concepts that are considered necessity or destination concepts, and would therefore be visited first by the time constrained shoppers (or shoppers who perceive themselves to be time constrained). i I 10.Adjacencies Adjacency considerations look at concession types and sub-types,and concept image, along with destination and necessity shops. A shopper flow is established with complementary (from price point and shopper motivation perspectives) shops placed adjacent to each other. When a shopper says no to one concept,the next concept they see should be within the range of their capabilities and desires. At a more detailed level,adjacency analyses also consider a few factors: I 1. Concepts like newsstands, and certain well-recognized branded units act as a draw. Their strategic placement can draw passengers past other types of ' units that have traditionally lower capture rates. 2. SH&FJCAM studies the ability to place stores that will most interest men near stores that most interest women. That way couples can both shop rather than waiting for each other. For PSP,this should be considered with i determining seasonal cart concept types and locations. I The ability to locate stores near restrooms is considered as well as these units offer the opportunity to shop while waiting for a companion. i 4. Proximity and visual connectivity to the food locations is important, as passengers will frequently shop after they dine. i II.Shopping "Neighborhoods" Surromiding the shopper, in essence creating small clusters of shopping neighborhoods is how travelers can be converted to shoppers. The result is that, in effect, neighborhoods or clusters of concessions are created_ Clustering amenities conveys to the subconscious that this is the place to shop and dine. This serves to maintain the passenger (or other terminal user) in the shopping mode. (Maintaining the passenger in the shopping mode,within the context of their stress about their time of departure, is why the well-designed location of FIDS monitors is so critical to a high performance airport shopping hall.) Airport Concession Program Development Report 06-1"6 Page 8 When looking at food and beverage concept options for PSP, the following issues were considered critical in helping to define which sub-types would be most relevant to the PSP passenger: e Overall Program Size—a smaller airport cannot support a broad assortment of all food and beverage sub-types- ® Strong Seasonal Shifts--selected units should be able to expand and contract during peak and off seasons without being overcrowded during peak periods or appear to be partially shuttered during slow seasons. • Customer Demographics—predominantly domestic passengers, a high ratio of leisure travelers with short to medium length flights. ■ Three Day-Part Operations—flights schedules throughout the day with peaks in the early morning and noon mean that the primary food and beverage concepts need to support a three day-part operation for providing breakfast, lunch and dinner. Casual Sit-down This category is characterized by table service, an extensive menu and a total process time, fzom greeting to good-bye, of about 45 minutes, which can be shortened by efficient operators in an airport environment. The food to alcoholic beverage ratio is about 80% food and 20% alcoholic beverages. While there is the existing landside sit-down restaurant that also has counter/diner type service and a close by bar, SH&E/CAM is recommending the redevelopment of this existing space to a well- defined and easily identifiable look that clearly states what is being served at this location. The ultimate concept could be a sit-down restaurant or a caf6/bar as described below. Caf lBars This category includes the traditional airport lounges (bars) with little or no food and cafe bars that may sell a minimum of 45% food and often up to 60% food. The distinction between caf6 bars and sit-down restaurants is beginning to blur as casual sit-down concepts like TOITriday's and Chilis' are designing scaled down units to place in non-traditional locations like airports, stadiums, and malls. However, it can be said that the speed of service and menu selection in caf6 bars is distinctly different than their larger format counter parts. Each of the proposed four concession zones at PSP will be anchored by a caf6bar concept. After a thorough review of concept type Airport Concession Program Development Report 06-15-06 Page 9 alternatives, it is SH&EICAM's recommendation that a caf&bar would best address the four key issues outlined above. ■ Provides climate controlled sit down seating for leisure travelers with more dwell time while providing faster,more flexible throughput than a traditional sit down restaurant. • Operations will be sized to work during slower seasons and be configured to allow for overflow patio seating to handle peak season capacity. ■ Menu offerings can be easily adjusted based on what proves to be popular with PSP travelers with the range of offerings increased during peak season. • Three day-part service will be a requirement to ensure that passenger needs can be met throughout the day,beginning with coffee bar and breakfast options for early morning departures. tri'' el trT' ■ All items can be purchased to go with cant'-on packaging. IN Theming and content will rc be adjusted for each _l location to ensure the widest possible variety Of options as passengers „-,ti. .,. migrate through the airport. Southwest themed Card/Bar-conceptual drawing Quick Serve Quick serve is what is generally known as fast food. It is items served over a counter ` and the entire purchasing and eating process can take less than 20 minutes. Often clustered in food court settings in larger airports, SId&EXAM is recommending that PSP have a single quick service unit located in a high traffic airside location,adjacent to a caf&bar and walk away unit- This concept must also be able to serve breakfast. Airport Concession Program Development Report 06-15-06 Page 10 Walk Away Walk away foods are items that a passenger could conceivably eat while walling or sitting at the gate. Despite their low average transaction values, walk away food service is important to PSP's concept mix because walk away concepts typically represent the last and perhaps only opportunity for capturing travelers who have the shortest dwell times. Walk away units typically comprise concepts such as coffee, ice cream,yogurt,pretzels, etc. Average transaction values in the walk away segment are typically less than 60% of those in the quickserve segment so revenues are being lost to passengers who are capable of purchasing more substantive fare if other quick serve or cafe bar choices are unavailable. Each of the zones at PSP that will include a walk-away unit will also include a caf6tbar concept. Newsstands Necessity newsstands, whose product mix is expected to focus on reading materials,packaged snacks, candies and beverages, and bealth and beauty aids, are distributed throughout the airport. The merchandise mix will vary in each location dependent on adjacencies, store size and the role each store is required to play in that particular location. For PSP, it is recommended that two additional newsstands be added, one in the Main Garden Courtyard, adjacent to the food and beverage units and the other in the New Regional Jet Terminal, adjacent to the proposed caf&bar_ These units would cant'an assortment of periodicals, books, snacks, non-alcoholic beverages, sundries, and health and beauty aids. They would not carry gift and souvenir items like hats and t-shirts. Specialty Retail Specialty retail includes stores that focus on a somewhat limited product area and expertise operating from carts, kiosks and in-line stores. Two specialty retail locations have been included in the plan, one airside and one landside. Additionally, a IdosldRMU location has been included with space identified to add additional ldosk/RMU locations during the winter peak season months. Airport Concession Program Development Report 06-15-06 Page 11 i CONCESSIONS PLAN Four Distinct Shopping and pining Zones i As originally introduced in the Demand Analysis Report, SH&E/CAM has identified four distinct concession zones at PSP_ I m Landside Terminal(Existing) B Main Garden Courtyard i ■ Main Airside Terminal (Existing) ■ New Regional Jet Terminal(Courtyard) Diagram IVA --PSP Concession location Study OF PSP concgs5i06 {ocation5ftidy 17 u J r k l a The proposed sizing of the PSP Concession Program, detailed under separate cover in the Demand Analysis Report, recommended 14,500 square feet of space with an additional 2,500 square feet added during the peak winter months. The expanded space would be comprised of patio seating for the cafe/bars and carts for walk away Airport concession Program Development Report 06-15-06 Page 12 food and beverage Concepts and carts for specialty retail offerings. A summary outline of the recommended concession plan for PSP is shown in Table 1VA. Table IVA —PSP Concession Plan Summary 'LoCation Square Feet SquaraFnet Type Zono 1-Landside L-ZIA Mckobng) 200 200 F&B Walk Away CoffcclPastry L-Z1.2(Center North) 31100 3,100 F&B CafbJBar CafA/Bar L-Zl-$(Center South) 600 600 Recall Nex'S Newsstand L-ZIA(Center North) 1,000 1,000 Retail Spodalty Retail Logo/5ponnvcadAlhleLt Zone 1 Total 4.900 4,900 Zone 2-Main Garden Courtyard A-Z2.1(Main Courtyard) 2,90 250 F&S Walk Away Ice Crea nffagun/Dessen A-Z2 Cart 1(Main Courtyard) 0 160 F&B Walk Awry Coffee Pastry A-Z2 Cart 2(Main Courtyard) 0 160 F&B Walk Awry Bulk Candy/Nuts A•Z2.2(Main Courtyard) 1.000 1,00D F&B Quick Serve Burger A-72.3(Main Courtyard F&1.900 2,600 B CafE/Bar CafFJBar A-Z2.4(Main Courtyard)_ 225 225 Retail News News=and A-Z2 Cart 3(Main Courtyard) 0 240 Retail Retall Regional Gifts A-Z2 Can (Maln Courtyard) 0 23$ Retail —Retall Fashlon Jewelryfwatches A-Z2 Can 5(Main Courtyard) 0 235 Retail Retail Accessories Zone 2 Total 3,375 5,105 Zane 3,Main Terminal A-Z3.1-(Main Terminal) 550 550 F&B Walk Away ColleelPastry A-Z3.2-(Win Terminal) 1.900 1,900 F&B Cafa/Bar cafplBar A-Z3.3-(Main Terminal) 400 400 Retail News Newsstand A-Z3.4-(Main Terminal) 150 150 Retail Specialty Retall Regional GBts A-Z3.4-(Main Terminal) 850 850 Retail News News/Gifts A-Z3.5-(Main Terminal) 11050 1.050 Retail Specialty Retail LogolSporlswear/Athletic Zone 8 Total 4,900 000 Tone 4-Regional Jet Terminal A-T4.1(South Courtyard) 1.100 1.500 F&B Caf6 aar Caf6Zar A-Z4 Cart 1(South Courtyard) 0 170 F&B Walk Away Ice CreamfYogurVQessert A-Z4 Cart 2(South Courtyard) 0 200 Retail Specialty Retail Regional Gi is A-Z4.2(South Courtyard) 225 225 Retall Naws Newsstand Zone 4 Total 1,325 2,095 Overall Total 1 14.500 17,000 Airport Concession Program Development Report 06-15-06 Page 13 I Proposed Concession Program The Landside Concession Program is comprised of four concession locations: a walk away coffee kiosk, a newsstand,a specialty retail unit and a card bar. Food and Beverage Units ■ Walk Away Coffee:This location would be a 200 square foot kiosk located against the west wall opposite from the ticket counters,positioned midway between the two primary entrances of the south arm of the main terminal as shown in Diagram 1V.2. The coffee unit should be built out with a surrounding overhead perimeter soffit to it can be easily spotted by passengers from anywhere in the ticketing area; signage should be visible on both sides of the unit(north and south)so that it can be spotted from a distance. Passengers will be able to grab a hot or iced coffee or tea beverage before getting into the ticketing line, or after they have checked their luggage as they begin migrating towards their gate. This type of location is also frequented by landside airport employees and airport related employees like litho/taxi drivers,rental car company employees, and other ground transportation providers. Diagram IV.2—Proposed Walk Away Coffee Location Coffee Kiosk Location 4 Location diagram is conceptual only-all dimensions are approximate. Airport Concession Program Development Report 06-15-06 Page 14 n Caf/Bar:The cafd bar would be located in the space currently occupied by the Celebrity Bistro. The space should be reconfigured,to the extent possible,to maximize the view of arriving passengers from the seating area, to encourage meeters-greeters to enjoy a drink and/or snack while waiting for their guests to arrive. Positioning a flight information display - (FIDS)to be easily seen from inside the caWbar dining room will help to hold outbound passengers and meeters- greeters who ought otherwise leave in search �• of updated flight Tommy Bahama Caf€ information. The Gardens on El Paseo,Palm Desert,California Theming To ensure the PSP passengers are presented with a diverse assortment of dining options, it is important that each of the four cafUbars have different themes with some unique offerings in each location- An example of a concept that could work in this location is a Tommy Bahama cafd. Tommy Bahama has recently launched a cafWemporium concept; one of six existing locations is in Palm Desert. Retail Units ■ Newsstand:The newsstand location would remain where it is currently positioned with the same amount of space, as shown in Diagram rV.3. To create a more cohesive shopping zone, the newsstand can be visually connected to the cafe/bar and specialty retail unit using design criteria that create a common look or appearance. Large, lighted,multi-dimensional exterior storefront signs can be used to attract attention and create visual excitement. e Specialty Detail: The specialty retail unit will be a new addition to the landside area. Located across from(north of)the newsstand,this location would be adjacent to the cafe/bar. For the landside specialty retail location SH&E/CAM felt that the concept should include a set of specific criteria: — The concept should appeal to both travelers and locals(meeters-greeters and well-wishers) alike. Airport Concession Program Development Report 06-15-06 Page 15 1 1 I I 1 — The brand should be known in the Coachella Valley area and familiar to 1 visitors from across the country. — The store should reflect the relaxed,warm-weather, golf-resort leisure aspects of the area that are so popular with locals and visitors alike- For this location, SH&E/CAM is recommending the logo/sportswear/athletic /active wear concept category. An example of a brand in this category that meets the three criteria outlined above is Tommy Bahama. Tommy Bahama is an established brand across the US and Canada. Stores cant' merchandise for men and women. There are thirty-Five Tommy Bahama stores within a twenty-five mile radius of PSP. Both brand and product assortments are a good fit with the warm weather golf-resort Tommy Bahama Storefront Design atmosphere of Palm Springs. Diagram IV.3—Zone 1: Main Landside Terminal Concessions5 w'r�iaFn` rr, m, � •+' � rlr;�f�r�r:�� .i �i.,,� r.�:�"rr� `�� " w 2 h „�+Rp ,e1$�� {Z r r rvl' • i `r ry m�i' Y�: r�•fi; if yY, y ni.. .r.'.. i 'tiA:W M`W.`;.'Fr .,.�1� vr Yr �A�'r �"t,9 .,r�r s Location diagnun is conceptual only-all dimensions are approximate. Airport Concession Program Development Report 06-15-06 Page 16 fl E A A, DF-N GGU U Proposed Concession Program Zone 2, the main garden courtyard, includes four permanent concessions, four seasonal locations and a peak season overflow patio seating area. The four main concessions include a cafd/bar, a quick serve location, a walk away unit and a newsstand. These locations are located on the south side of the courtyard, so that they are clearly visible as passengers exit the security screening at the point where traffic divides between the existing terminal and the new regional jet terminal. Zone 2 Design Considerations Climate Controlled Interiors The four permanent concessions should be housed in a climate-controlled building that includes a seating area for the cafelbar. To facilitate browsing across concepts, it would help to have interior pass through walkways so that a passenger shopping in the newsstand can step into the quick serve without having to go outside. It's important that doors to these units remain closed during hot weather so that the interior temperature can be maintained at a comfortable level. Units should either have hinged doors or, more ideally, automatic sliding doors. During cooler seasons, the doors can remain opened, but interior ambient temperature ranges should be mandated,regardless of season. Patio/Courtyard T'heming The patio/courtyard area that extends between the permanent and seasonal locations should be designed to convey the image of a relaxed outdoor market with plenty of patio seating. Examples of some marketplace patio concepts are shown in graphic TV.1 on the following page. J ;a4 J L Paco Marketplace-Conceptual Drawing Airport Concession Program Development Report 06-15-06 Page 17 pq PIC iiFR HE RON all I� }� � � Ii+/7 �� • rr PA3T�t�^gy�pp „ t ANKME,=� Food and Beverage Units ■ Caf&Bar:Design and theme should be different from other ca£elbar locations at PSP. ■ Quick Serve:With only one quick serve at PSP, SH&E/CAM recommends that this concept be programmed as a burger unit- ® Walk Away: Au iec cream/yogurt/dessert concept with a variety of cool refieshing options should be a popular choice and a good alternative to the coffee options located throughout the airport. ■ Seasonal Carts:The two food and beverage carts could feature a coffee, bulk nuts and candy or perhaps a regionally popular concept. Retail Units Cafel6ar—Conceptual Drawing • Design criteria could be structured to achieve primary design objectives while allowing for flexible fixturing. Interior finish options that could be achieved with reasonable capital investment. ■ Newsstand: This would be a year round,air-conditioned location,nested in with the three permanent food and beverage concepts. ■ Seasonal Carts:Three specialty retail carts can be,added during the peals season to sell concepts like regional gifts, fashion jewelry/watches and accessories, for example, sunglasses. Examples of retail concepts with high visual impact using moderate finishes and fixtures Airport Concession Program Development Report 05-15-06 Page 19 i I I i I IX Ems__ i Proposed Concession Program The configuration of Zone 3, in the existing main terminal, would remain similar in terms of size and location. The sit down restaurant could convert to a caff/bar concept,but the overall assortment of concessions would not change significantly yet their identity and concepts could be improved to increase capture and sales. Zone 3 Design Considerations Climate Controlled Interiors The same issues surrounding air-conditioned locations outlined earlier in this report apply to the existing terminal as well. All concessions, with die exception of the regional gifts cart, should provide stable,comfortable interior temperatures. Doors to these units should either have hinged doors or,more ideally, automatic sliding doors. During cooler seasons,the dears can remain opened,but interior ambient temperature ranges should be mandated,regardless of season. Resign Criteria The exterior storefront design for each location should incorporate updated criteria to draw more attention to these concessions. Larger, lighted, more colorful and multi- dimensional signs will add excitement to the terminal and are likely to draw more interest from passengers. This is particularly important given that the stores will not be able to have wide, open storefront access/visibility during warm weather. Tenant design guidelines can be balanced to provide impactful designs while allowing enough flexibility to ensure that capital investment requirements are reasonable. u x: Examples of retail Concepts with high visual Impact using moderate finishes and fixtures Airport Concession Program Development Report 06-15-06 Page 20 ��- f`� i;•> � �.: .`'��i_�; e ccu�:,.'" ��7Y ,1� .:��iJl Gip A �� rl• �___+++"'111 a r��r ��� �a;'; .� L •!..`�,� � I h � x;fy .:; ,� �Y(:fa a w=: rr r��"�.p� - a• ^j^�}iJ 1 � � �- �� - � � � - � � •� -• 1�.•• .1•aC�li• .'f1 +���� 4+ ♦� '� I `f � �+� - T•M R �� � y � 1 I I I "•ram� it I • • 11 i •� •,�� ' �� 1 v 1 _ � ,� �� ,, rL� ��4 ' � ���- .. �- - .� - 1. 1. - i Food and Beverage Units i ■ Cafe Bar:This unit will be located in the space currently occupied by the Desert Classic Grille. Existing nearby patio seating would continue to provide seating for the caWbar. Vdhile the Desert Classic Grille is generally configured as a caf@lbar today,wait staff and table service levels currently do not meet service levels typically associated with a caf6bar concept. Ideally arriving patrons would be greeted and shown to a table—including tables located in the two patio seating areas just west of the cafelbar entrance. 11 Walk Away: This unit will be located in the space currently occupied by the Palm Springs Coffee Company_ SII&E/CAM recommends that this location continue as a coffee/pastry concept. Retail Units ■ News:This unit would the same size and in the same location as the existing Desert News. ■ Specialty Retail—Ugo/Sportswear/Athletic:This location is located where the PGA Golf Tour store is currently. ■ Specialty Retail—Regional Gifts/Convenience:This location is located where the Desert Marketplace is currently located. Product mix would include a board of assortment of regional gifts,snacks,bottled drinks, sundries,and candy. ■ Specialty Retail—Regional Gifts: This location would be a cart that could operate all year or just during peak season. It would feature an assortment of unique,regional gifts and accessories. Proposed Concession Program Concession locations for the new regional jet terminal are located in the garden courtyard at the entrance to the terminal. This program would be a smaller version of the concession program in the main garden courtyard and the same design considerations, climate controlled interiors and patio/courtyard theming, would apply. Airport Concession Program Development Report 06-15-06 Page 22 i l Food and Beverage Units 1 M Caf&Bar This would be the smallest of the caWbars at PSP. Patio seating is located immediately adjacent to this area and should be designed to possibly convert to a larger indoor dining area, if future volume wan-ants the ' expansion. Additional peak season seating can be added to the courtyard I area. I i r Seasonal Cart:This cart would feature ice cream/frozen yogurt and cold i beverages. During the off-season,these items could be integrated into the caf lbar menu. Retail Units * Dews: A small newsstand is positioned between the caMar and the restrooms. It is possible that this could be integrated into the caf6fbar operation,eliminating the need to create two separate spaces. w Seasonal Cart: This cart would offer an assortment of regional gifts and accessories during the peak season. Diagram I11.6—Zone 4: New Regional Jet Terminal Concessions e `v 75E GCGIP'MITS(c0uRT1'u+0) `� C rr�. 252 OCLl1PhN15(HotpR `� {— r � 1RID DG4VPW7I5 CU ) 51' RPW O Ivl $E3541'l31 192' PROMn at eatm` w_<<arC� I ,•• CafeBar r-t---------u News ✓ !! 1 --- -L'^--' 41" p��� ! 42' n1 am , I � .S71RED 202 vv 1 ♦ tc 1 1 ! 1 v. Location diagram is conceptual only-all dimensions are approximate. Airport Concession Program Development Report 06-15-06 Page 23 FINANCIAL ANALYSIS This chapter provides preliminary financial analysis for the proposed concession program at PSP. This information will help to provide an understanding of the benefits to each party to better ensure that negotiation efforts result in an agreement that will be beneficial for all parties. The financial analysis builds on the concession layout and concept plan through, the development of proformas for each proposed location. The availability of detailed i proformas, with projected sales and revenue information, will provide PSP with a realistic range of possibilities for the negotiating process. I I For each proposed concession location at PSP a separate proforma. has been developed and can be found at the back of this chapter. Proformas are summarized in Table V.1 on the following page. Food&Beverage Total annual sales for all food & beverage concepts are projected at $4,852,094, generating sales per enplaning passenger (SEP) of $5.48 based on projected enplanements of 885,000. Total EBITDA after deducting cost of goods, operating expenses and fixed costs is $919,619 or 19-0% of total sales. An SEP of $5.48 represents a significaut increase over the 2004/2005 SEP of$2.84. As discussed in the Existing Conditions report, there is d real opportunity for airside food and beverage growth at PSP. The right concession mix (concepts, locations and sizes), increased seasonal flexibility, eye-catching designs and great customer service are the keys to increasing food and beverage sales at PSP. Retail Total annual sales for all retail concepts are projected at S3,992,720, generating an SEP of$4,52 based on enplanements of 885,000. Total EBITDA.after deducting cost of goods, operating expenses and fixed costs is $662,328 or 16.6%of total sales. The addition of new locations, improvements to the current product mix and a more flexible seasonal program will help PSP increase retail sales from the SEP of$3.71 2004/2005. Airport Concession Program Development Report 06-15-06 Page 24 I I i Tots[PSP Concession Prograar-Aft Units,All Concepts Total combined sales for all concessions are projected at $8,844,814, generating an SEP of$10.00 based on projected enplanemeats of 885,000. Total EBITDA after deducting cost of goods, operating expenses and fixed costs is projected at $1,581,967 or 17.9%of total sales. Table VA --PSP Total Program Summary Proforma: F&B and Retail All F&B All Retall Tand PSP Program All F&B Concepts All Retail Concepts All Units.All Concc is Location Entire Airport Entire Alport Entire Airport 770,lr00r?'J1;r59P 4,5tl0-iA 10 ".''r'^,;;,�',','':-14;$Or-l7,000 Sales per EPAX I SSA $4.51 $9,99 "ZantdTd laniitl!'rdsSul Vets. 885000. g8S,000 Amount % Amount % Amount GROSSSALES ";'-'C o}s; 'iil�s,;Foua:S4, a4-alco loT:. ',,S 4,313,129,. -%9% ;S - O:l1:jv., ,�4}'v29 49,&% Gross Sales•Alcohol 53%965 11.1% - 0.0% 538,965 6.1 0.O-W 3',992,1,20' .100,0%7..°',7,991:7$0 45-1% Total Sales 4,952,094 100.0% 3,992,720 100.0% 8,844,914 100.0% "Cps ice(('.oads.,Tood&'t'a'oa+,�ltalioT?' ` L,09S,R81,„':"c�5.dti; - '0;0%.,;%-�i3O�5,08t 25A% Cost ofGoods-Ncohol 97,014 18.0% - 0.0% 97,014 18.0% ',i`+ Co"sfo rG06tTs r TlEheil ."S,.•i<'Er` - a.,0.0'k �} 470.6.031, 42i78%. -,i'i1706.033 . 42.7% Total Caetofsalos 1.192,095 7A.6% 1,70G033 42,7% 21893,128 32.9% Gross Income S 3659,99 75-4% S 2,286687 573% S 5946.68G 67.2% OPEEATING EXPENSES Variable Expenses . :;'�'411: .41,'•. •�: Y,3,9�adG„^,i,'f,8..% ...050,QU0;, .1'6:39'a_=':,it:2,U47.900_ 23,f% Payroll Taxes&Benefits _ 306,878 63% 143,000 3.6% 449,978 5,PG n.:�,,. Diicgt'OFKrtltlnkff' Pens I,;'.::;;,:,' ,.-,�21:a03`.. ";,?.5.'��" .."%4:&16: '�7._GS j.� .'y,L 226119: 2.6% Credit Card Discount 27.966 0.6% 39$27 1.0% 67.893 0.8% .,,4:MsiYcijnjJFrancliisci'j;'i;, i' :.i;i. ,�fRe�$5-:':.r,I.OY:`: - .:S'9AY.1.:;�a�..�"-50�6$5.• , 0,6% Utilities 114.000 2.3% 28,800 4.7% 142.800 1,6% l;`,`,s;,ft,'dipiiu}Ycr4vt&;�Qci%cC�lr':"'S:, -s 9'I�,b4 ,:.,+va:p°" .7,4,855`,. ',2:a' __'',"•: M'89 ', :2.07., Reserve for Replacements 121,303 2.5% 61,876 1.5% 193,179 2.1% 81,83$:., ,&b Repairs&Maintenance 62,527 1.3% 19,963 OJ.A 82,490 0.9% Total Controllable Ex eosaa 7.369.335 48.9% 1,210,076 303% 3579461 40.51% Yncome Before Fixed Casts S I 90,614 26,6% S 1,07G 611 E7 Q% S 2,367.225 26.9% Fixed CosLs „ •.�lient" .�,,�,: 6 ;r , ,255,f,35"+�' "e5r7,%--,�, ',3,5',4�"/3:. ..g11�f,���,i�G1�.3.S,S - . 6.9.';S Distribution&Storage 0.0% 0.0% 0.0% .,. 25u1'F'rtlatRaaCy,t,q,t,�,3;7i,b.l.✓s ':dl '58.n„ r.9rl, Pmperty Taxes 62.940 13% 32,460 0.6% 95.400 1,1% .,..,P Ins"tir,L'`icti::".:;..ri, .�"..._.,. "",42i4S0:".s.:j^1Tj,... ,,• ,:2YU50`p°,�,,::0:7%":`.,"..74500, :-.0,'9% Total rued Casts 370.975 7.6% 414,283 IO.A% 785,258 8.91/. EBLTI7A Earnings Before tnlerest.Taxes, nepracintion,&Amor[irAtion S 919,639 19.0% S 662,328 16.6% $ IMI.967 17-9•11. Airport Concession Program Development Report 06-15-06 Page 25 General Limiting Conditions No warranty or representation is made by the author of this ieport concerning the projections made herein. The author of this publication has assumed that the information, records and materials fim fished by the airport, airlines, vendors and others are correct without any independent verification, and that the underlying i assumptions regarding elements such as but not limited to enplanement quantity and quality, store location and design, concept and concessionaire selection and operator quality presented and agreed to during the course of the analyses are met- In the opinion of the author, the projections made herein are accurately calculated based i upon historical and surveyed information, the set of assumptions, and the information, records and materials furnished to the author. The projections are not intended to be and should not be understood to be any representation or warranty that the projections will occur as set forth herein, and it is likely that the actual performance described will differ from, exceed or be less than, the amounts projected. Possession of this report or any portion thereof does not carry the right of publication and no portion of this report may be disseminated to third persons without the prior written consent of the author nor may it be used for any purpose by anyone except for the client. The author's liability for breach of any obligation or duty owed to the client for any element of this report is expressly limited to repayment of the consultant's fee for that clement without any obligation or liability for consequential,compensatory or incidental damages. Airport Concession Program Development Report 06-15-06 Page 26