SSP Group secures $200m F&B deal at Bangkok’s Suvarnabhumi Airport

A terminal at Bangkok's Suvarnabhumi Airport, Thailand | Photo credit: Autthaporn Pradidpong

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SSP Group has won a $200m contract to open 34 food & beverage outlets at Suvarnabhumi Airport in Bangkok, Thailand. 
 
In a press release, SSP said it planned to increase the airport’s F&B offer with the addition of brands including Burger King, Bon Chon Chicken, and The Coffee Club. The first units are anticipated to be begin trading in November 2021, with further openings to follow in early 2022.
 
“The decision to extend our investment with this new venture at Suvarnabhumi Airport demonstrates our commitment to the Thailand SSP business and to continuing our extensive partnership with both Minor and King Power. It is also testament to our confidence in the robustness of Thailand’s economy coming out of Covid,” said Mark Angela, CEO of SSP Asia Pacific.
 
The deal builds on SSP’s existing 25-year joint venture with Thai-based Minor Foods, a quick-service restaurant company operating more than 2,200 outlets across in 27 countries worldwide, as well as a 15-year partnership with Thai duty-free retailer King Power.
 
SSP opened its first food court in Don Mueang International airport, Bangkok, in 1995. It has since expanded operations across Thailand’s major airports, including Bangkok, Chiang Mai, and Phuket.
 
The contract win comes hot on the heels of a SSP’s selection by Groupe ADP to open more than 100 food and beverage units at the Paris-Charles de Gaulle and Paris-Orly airports as part of an 11-year joint venture partnership.
 
World Coffee Portal data shows Thailand’s branded coffee shop market grew 5.3% in 2020 to exceed 6,000 stores. Domestic chain, Café Amazon, leads the market with around 2,700 stores, followed by fellow domestic chain, Inthanin’s 630 stores and Starbucks’ 400 coffee shops.