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The Changi Airport Group derives 55% of its total annual revenue from non-aeronautical sources, [100] such as office and warehouse rental. The airport derives the majority of its commercial revenue from duty-free shopping, with the most popular items being liquor and tobacco, perfume and cosmetics, and luxury goods.
Singapore Changi Airport (/ ... Duty free shops that sells liquor are exempted from regulations. [64] Operational statistics. Operational statistics (1980–1989) ...
27 August – After 38 years, DFS Group announced it will close its liquor and tobacco stores in Changi Airport by June 2020 due to a challenging environment. [278] Lotte Duty Free will take over DFS' shops from 9 June 2020, being awarded the tender on 24 October. [279]
9 June – Lotte Duty Free takes over DFS Group's Changi Airport liquor and tobacco stores with plans for a revamp soon. [133] This comes after the latter ended its 39-year tenancy due to a challenging environment. [134] 19 June – Phase 2 kicks in easing more restrictions. Households can receive 5 visitors at a time.
Lotte Duty Free (LDF; Korean: 롯데면세점; Hanja: 樂天免稅店; RR: Rotde Myeonsejeom), a duty-free division of Hotel Lotte, is a travel retailer headquartered in Seoul, South Korea. LDF is one of the largest travel retailers in the world alongside Dufry and DFS Group .
Singapore Changi Airport (IATA: SIN, ICAO: WSSS), or simply Changi Airport, is the primary civilian airport in the Republic of Singapore, and one of the largest transportation hubs in Southeast Asia. It is located approximately 17.2 km (10.7 mi) northeast [ 1 ] [ 2 ] from the commercial centre in Changi , on a 13 square kilometres (5.0 sq mi) site.
They include shopping malls like Changi City Point and even Changi Airport, which is considered to be a shoppers' paradise with duty-free shopping available inside the airport's transit area. [14] Besides those, the Changi Village hawker centre is renowned for its food options, with shophouses also found around the area for the convenience of ...
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.