HMSHOST FOOD & BEVERAGE OPPORTUNITIES T 3 LAS VEGAS MCCARRAN - - PowerPoint PPT Presentation

HMSHOST FOOD & BEVERAGE OPPORTUNITIES T­3

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

AGENDA

ANTHONY ALESSI VICE­PRESIDENT BUSINESS DEVELOPMENT

HMSHOST OVERALL CONCESSIONS PROGRAM GOALS DESCRIPTION OF OPPORTUNITIES

BETTY BAUERLE HMSHOST GENERAL MANAGER, MCCARRAN

OPERATING IN AN AIRPORT

YASMIN SHERIFF SENIOR DIRECTOR STRATEGIC ALLIANCES

ACDBE CERTIFICATION/PROPOSAL SUBMITTAL PROCESS/TIMELINE

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

• WHO WE ARE

– $2.5B Travel Venue Concessionaire – 111 Airports Worldwide – 86 North American Travel Plazas – Entertainment Venues include Empire State Bldg and Space Center Houston – Subsidiary of Autogrill SpA

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

• WHAT WE DO

– “Making the Travelers’ Day Better” – Design, Develop & Operate:

• Casual Dining Restaurants, Food

Courts, Bars

• Newsstands, Bookstores, Gift Shops,

Duty Free Stores

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

HMSHOST OVERALL CONCESSION GOALS LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT

• ACDBE GOAL: 27.5%
• 3 F&B CURRENT OPPORTUNITIES

AVAILABLE NOW

• FUTURE OPPORTUNITIES MAY BECOME

AVAILABLE AS ENPLANEMENTS RISE

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

BURGER COFFEE/TEA BAR/FOOD

SPACE #1 COFFEE OPPORTUNITY

SPACE LOCATION: T-3 SPACE SIZE: 828 SQ. FT SPACE CONDITION: SHELL-CONDITION UTILITIES STUBBED AT LOC. STORAGE: LIMITED/AVAIL. UPON REQ. USE: SALE OF COFFEE/TEA/PASTRY TERM:

• NOV. 2018

RENT: 11% FOOD & NON-ALCOHOLIC

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

INSERT COFFEE LOCATION MAP

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

DBE COFFEE & TEA 828 SQFT

TERMINAL 3­ DOMESTIC

SPACE #2 BURGER OPPORTUNITY

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

SPACE LOCATION: T-3 SPACE SIZE: 953 SQ. FT SPACE CONDITION: SHELL-CONDITION UTILITIES STUBBED AT LOC. STORAGE: LIMITED/AVAIL. UPON REQ. USE: BURGER TERM:

• NOV. 2018

RENT: 11% FOOD & NON-ALCOHOLIC

INSERT BURGER LOCATION MAP

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

DBE BURGER 953 SQFT

TERMINAL 3­ INTERNATIONAL

SPACE # 3 BAR/FOOD OPPORTUNITY

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

SPACE LOCATION: T-3 SPACE SIZE: 1803 SQ. FT SPACE CONDITION: SHELL-CONDITION UTILITIES STUBBED AT LOC. STORAGE: LIMITED/AVAIL. UPON REQ. USE: BAR WITH FOOD TERM:

• NOV. 2018

RENT: 11% FOOD & NON-ALCOHOLIC 18% ALCOHOL

NO MAP LAYOUT AVAILABLE FOR BAR/FOOD

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010 TERMINAL 3­ DOMESTIC

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

Common Area Build Out – Estimated Monthly Facility Recovery Fees for Food Court Subtenants (only) are as follows:

DBE Coffee ­ $2,290.00

(16.3% share of Domestic Food Ct. common area + shell & core)

DBE Burger ­ $3,033.00

(22.0% share of Int’l Food Ct. common area + shell & core) Note: ‐Excludes storage build‐out costs ‐Actual fees will be calculated upon completion of construction and will be based upon final SF for each food court operator and actual capital costs

ADDITIONAL FEES

Common Area Maintenance/Cleaning/Porter Charge ­Billing based on tenant’s proportionate sales volume for

each food court. ­Estimated at $2,000 ­ $6,000 per month.

Tenant responsible for all utilities

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

ADDITIONAL FEES

OPERATING IN AN AIRPORT EMPLOYEE WAGES­UNION

COLLECTIVE BARGAINING AGREEMENT CULINARY LOCAL 226 & BARTENDER’S LOCAL 165 WAGES VARY BY CLASSIFICATION HIGHER THAN STREET LEVELS

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

OPERATING IN AN AIRPORT SECURITY­BADGING COST & PROCESS

HMSHOST RESPONSIBILITY TO PROCESS ALL SUBTENANT BADGE REQUESTS FINGERPRINT/STA FEES­ $42 BADGE­ INITIAL $10/ ANNUAL RENEWAL $10 MONTHLY PARKING $20 PER BADGE BADGING PROCESS TIME­ 2 WEEKS OR LONGER

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

NO PERSON CAN WORK AT MCCARRAN UNTIL BADGING COMPLETE

OPERATING IN AN AIRPORT VEHICLES ON AIRSIDE/DELIVERIES

VEHICLES REGISTERED TO COMPANY COMPANY LOGOS ON VEHICLES (BOTH SIDES) $1M LIABILITY AND $5M LIABILITY FOR AIRFIELD ACCESS SUBTENANTS RESPONSIBLE FOR ESCORTING OWN DELIVERY VEHICLES

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

OPERATING IN AN AIRPORT CAPTURED AUDIENCE­CHANGES IN TRAFFIC

• AUDIENCE IS DEPARTING PASSENGERS
• SALES BASED ON AIRLINES & POSSIBLE AIRLINE

MOVEMENT

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

OPERATING IN AN AIRPORT CONSTRUCTION COSTS

SUBTENANT RESPONSIBLE FOR OWN DESIGN & CONSTRUCTION OF THEIR UNIT COORDINATION OF SCHEDULING WILL BE WITH HMSHOST TO MEET AIRPORT REQUIREMENTS/SCHEDULE NO CONSTRUCTION WITHOUT SIGNED SUBLEASE

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

ACDBE CERTIFICATION

CERTIFIED AS AIRPORT CONCESSION DISADVANTAGED BUSINESS ENTERPRISE IN NEVADA TO BE AWARDED F&B OPPORTUNITY WITH HMSHOST

BASIC REQUIREMENTS

• U.S. CITIZEN/PERMANANENT RESIDENT
• 51% OWNED BY SOCIALLY & ECONOMICALLY

DISADVANTAGED INDIVIDUAL (S)

• FOR PROFIT BUSINESS
• SBA SIZE STANDARDS
• ECONOMIC: PNW < $750,000 (CAP OF $3M)

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

PROPOSAL SUBMITTAL PROCESS

WHAT HMSHOST WILL DO

3 FIRMS WILL BE SHORTLISTED AFTER HMSHOST COMMITTEE REVIEW DOA AND FIRMS NOTIFIED OF SHORTLIST AND FIRMS MUST SUBMIT ACDBE APPLICATION TO DOA NO LATER THAN NOV. 5, 2010

WHAT YOU NEED TO DO

ALL QUESTIONS ON PROPOSAL FORM MUST BE ANSWERED AND APPLICABLE EXHIBITS PROVIDED MUST SIGN AND SUBMIT COMPLETE PACKAGE BY THE DUE DATE FAILURE TO SUBMIT ACDBE APPLICATION TIMELY OR DENIED CERTIFICATION= BECOME INELIGIBLE FOR FINAL AWARD

PROPOSALS DUE BY 5 PM EST

• SEPT. 24, 2010

HMSHOST COMMITTEE REVIEW UNTIL

• OCT. 27, 2010

SHORTLIST FIRMS NOTIFIED

• OCT. 29, 2010

SHORTLIST FIRMS TO SUBMIT

• NOV. 5, 2010

ACDBE APPLICATIONS TO DOA AIRPORT NOTIFICATION OF CERTIFIED END DEC./EARLY FIRMS

• JAN. 2011

HMSHOST FINAL AWARD TO ACDBEs

JAN

(IMMEDIATELY FOLLOWING CERTIFICATION APPROVAL)

TIMELINE

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

DATES SUBJECT TO CHANGE

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

LAS VEGAS MCCARRAN INTERNATIONAL AIRPORT CONCESSIONS OUTREACH MEETING AUGUST 24, 2010

IF YOU HAVE ANY QUESTIONS REGARDING THE FOOD & BEVERAGE OPPORTUNITIES LISTED WITH HMSHOST, YOU CAN CONTACT: YASMIN M.SHERIFF SENIOR DIRECTOR, STRATEGIC ALLIANCES HMSHOST EMAIL: YASMIN.SHERIFF@HMSHOST.COM PHONE: 240.694.4580 OR YOU CAN EMAIL: DBENEWS@HMSHOST.COM