Lagardère Travel Retail plans major growth at German airports
The company Lagardère Travel Retail has announced ambitious plans for the German market. By the year 2030, the operator of travel food service and retail stores aims to double its revenue in Germany. Currently, the company generates approximately 280 million euros in annual revenue in the country.
To achieve this goal, the company is focusing on a significant expansion of its offerings. Lagardère plans to open 26 new restaurants at various locations. In doing so, the company is responding to the increasing demand from travelers for diverse culinary options at airports and train stations.
The strategy focuses primarily on the modernization and expansion of existing infrastructure. Through new concepts in gastronomy, Lagardère aims to improve the quality of stay for passengers. The company is already an important partner for many major German transport hubs.
With these investments, Lagardère Travel Retail intends to consolidate its market position in Germany. The planned measures are intended not only to increase revenue but also to create new jobs in the travel food service sector. The industry is observing this development with great interest, as it is a sign of the recovery of travel following the pandemic.