Denver International Airport (IATA: DEN) generated more than $335.7 million in gross concessions revenue in 2015, marking the third consecutive year of record-setting sales.
DEN’s shopping, dining and services programme ended 2015 with $335,763,083 in gross revenue, which is 4% higher than the $322,858,875 achieved in 2014. The airport says its Retail Merchandising Unit (RMU) and kiosk programme, which gives small businesses an opportunity to operate at the airport without making a large capital investment, accounted for about $16 million of the total gross revenue.
The revenue translates to an average of $12.43 per departing passenger in 2015 – an increase of 2.9% over the $12.08 per enplanement in 2014 and an all-time high for DEN. The airport handled a record 54 million passengers in 2015.
The sales delivered an estimated $12,255,116 in sales tax to the City and County of Denver and about $57,589,038 million in concessions revenue to DEN. The airport relies on revenue from airline and non-airline sources, as no taxpayer money received by the city’s General Fund is used for DEN expenditures.
Last year 18 new or updated concessions were opened at DEN in 2015, making 140 in total.