National Park Service Signs Contract with Yosemite Hospitality, LLC (a subsidiary of Aramark)
Aramark to Provide a Variety of Concession Services in Yosemite National Park
Today, the National Park Service signed a concession contract with Yosemite Hospitality, LLC, a subsidiary of Aramark, to provide concession services within Yosemite National Park. The 15-year contract, the largest single contract in the National Park Service, will begin on March 1, 2016. The current concessioner, DNC Parks & Resorts at Yosemite, Inc., a subsidiary of Delaware North Co., has held its contract since 1993.
“The National Park Service looks forward to a successful relationship with Yosemite Hospitality,” stated Yosemite National Park Superintendent Don Neubacher.
As the new concessioner, Yosemite Hospitality will continue to provide visitor services at Yosemite National Park iconic locations. Millions of visitors will continue to enjoy services at historic locations including The Ahwahnee, Curry Village, Wawona, and Yosemite Lodge. The contract includes the operation of 17 retail locations, 12 lodging properties, and 14 food and beverage service locations. In 2014, the current contract gross receipts were $146 million.
Highlights of the contract include:
“We are excited to be working with the National Park Service to create great new memories for Yosemite’s many enthusiasts who hold the park so near and dear to their hearts and we look forward to introducing innovative programs and experiences that shape the legacy of this amazing and iconic Park,” said Bruce W. Fears, president of Aramark’s Leisure division. “We are also looking forward to working with the community and developing partnerships with local businesses. Aramark has always had strong ties with the communities in which we live and work and we are eager to do the same here in Yosemite.”
Aramark, Delaware North, and the National Park Service are currently working together on the transition of operations to prepare for the contract turnover on March 1, 2016. Aramark (NYSE:ARMK) realized gross revenues of $14.8 billion in fiscal year 2014, employing more than 270,000 employees in 21 countries. Aramark currently holds eight NPS contracts in Lake Mead, Mesa Verde, Glen Canyon, Olympic (3 contracts), Denali, and Glacier Bay.
“The park would like to express its gratitude to Delaware North for providing quality visitor services at Yosemite National Park for the last 22 years,” stated Yosemite National Park Superintendent Don Neubacher.
Yosemite National Park celebrated its 125th Anniversary this year. The park welcomes over four million visitors from all over the world each year. Yosemite National Park is home to Yosemite Falls, the tallest waterfall in North America, and iconic rock formations such as Half Dome and El Capitan. The park also features approximately 90 different species of mammals and over 1500 species of flowering plants.
For updates on Aramark’s progress and status on assuming the concession contract in Yosemite, please visit www.aramark.com/yosemite.