OTG forecasts and benchmarking

Skylark developed quarterly and annual passenger activity forecasts across OTG Management’s portfolio, including major hubs such as Houston Intercontinental (IAH), Orlando International (MCO), Chicago O’Hare (ORD), and eight additional airports in the United States and Canada. Forecasts were detailed by terminal or concourse, domestic and international markets, and fleet types to assess the level of demand likely to be present in areas where OTG facilities operate.

Skylark also conducted a comprehensive review of OTG’s five-year projections in support of a successful debt refinancing, analyzing key demand drivers such as commercial activity, enplaned passenger trends, historical revenue per transaction, capture rates, and spend per passenger.

A benchmarking analysis compared revenue and operating cost performance to peer airport terminals, helping validate management’s revenue assumptions and corroborate projections of operating costs and EBITDA. The resulting analyses and forecasts supported OTG’s concession bids and informed the company’s 2024 and 2025 five-year business plans.