b'18 LAX CONCESSIONSLos Angeles Intl Achieves DiversityMilestone in Concessions OwnershipBY NICOLE NELSONWhen COVID-19 arrived Stateside(LAX). Together, the joint venture partners and discretionary air travel alloperated eight food and beverage outlets but stopped, concessionairesfor Unibail-Rodamco-Westfield Airports, the in U.S. airports switched to retrenchmentprime commercial developer and manager mode. Their logic was understandable: noat LAX. FACTS&FIGURESpassengers, no revenue. With the terminalsAfter what appeared to be a counterintuitive Project: Increasing Concessions Ownership byeerily devoid of traffic, operators shutteredmove amid the economic tornado of COVID, Disadvantaged Business Enterprises their food counters and retail shops and readPlummer is now the chief executive officer the fine print of their leases.and managing partner of the only current Location: Los Angeles Intl AirportAirport Authority: Los Angeles World Airports As concessionsdisadvantaged business enterprise to own an executives scrambled toentire portfolio of a major food and beverage Concessions Involved: Terminals 1 & 6 pull out of the market,concessions at LAX.Prime Operator: Concord Collective Greg Plummer of Enjoy Commercial Developer & Manager: Unibail- Repeat decided toHow it HappenedRodamco-Westfield Airports go all in. At the time,During the early days of the pandemic Terminal 1 Concepts: Panda Express; Einsteinhis company was thein Spring 2020, Enjoy Repeats majority Bros. Bagels; Chick-fil-A; Ace Cervecera & Tacos;disadvantaged businessGREG PLUMMER business partner of three years, SSP America, Betcha Burger; Qwench; Wetzels Pretzelsenterprise partner in abegan planning a full exit from LAX. The Terminal 6 Concept: Peets Coffee standard joint venture agreement with SSPpandemic hit and really took the wind out of Concord Employees: 140 America at Los Angeles International Airportour sails, recalls Plummer. July | August 2022AirportImprovement.com'