Effects of passenger characteristics and terminal layout on airport retail revenue: an agent-based simulation approach |
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Authors: | Cheng-Lung Wu Yimeng Chen |
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Institution: | School of Aviation, University of New South Wales Australia, Kensington, Australia |
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Abstract: | This paper examines the effect of passenger characteristics and terminal layout on airport retail revenue using an agent-based simulation approach. Simulation results show that passenger mix (that is, the mix of shopper types according to a typology of airport shoppers) has a profound effect on airport retail revenue; the larger the number of ‘shopping lovers’ there are among passengers, the higher the airport retail revenue. Results also reveal that group travel can lead to negative effects on retail in certain terminal layouts, and that the amount of free dwell time that a passenger has can affect spending due to less retail engagement. This paper shows a combined effect of passenger characteristics and terminal layout on airport retail revenue, and discusses the implications of these results for future airport terminal design that aims to maximise retail potential. |
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Keywords: | Airport retail passenger mix shopping preferences airport terminal layout retail shop location |
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