Item No. _8b_supp
Meeting Date: September 24, 2019

SEA'S COMMON-USE LOUNGES
Commission
9/24/19
• Lounges are an essential service for international airlines
• The Port has two common-use premium lounges at SEA - one in the South Satellite
and one on Concourse A - that meet the needs of international carriers
• In addition, there has been a dramatic increase in the demand for lounge access by
domestic travelers

THE PORT'S COMMON USE LOUNGES

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MULTIPLE BENEFITS FROM SEA'S COMMON-USE
LOUNGES
•

SEA's two common-use lounges have provided an essential service for new
international carriers calling on SEA
• Lounge membership programs represent a significant generator of revenue to the
Port (net operating income has grown 35%, compounded annually, during the last
five (5) year contract)
• This additional revenue enables the Port to reinvest in terminal services that have
become expectations of the traveling public (pet relief areas, nursing suites,
enhanced accessibility services, power at seats.....)

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PASSENGER VISITS TO AND REVENUE FROM
SEA'S COMMON USE LOUNGES

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CONTRACT TERMS

• Up to ten (10) years contract for lounge management services
• Contract cost estimated to be $60,000,000, over the 10-year contract term,
including management fee, incentive management fee and operating expenses

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