Concession Management

Concession management involves overseeing agreements where a business grants rights to operate or sell products/services in a specific location, like a mall or stadium. It includes negotiating terms, monitoring compliance, and ensuring both parties benefit fairly. Effective management balances the interests of the property owner and the concessionaire, optimizing revenue, maintaining quality standards, and enhancing customer experience. It’s a strategic process that helps organizations maximize the value of their concessions while providing contractors with clear guidelines to operate successfully.