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Press release from Business Wire

New Survey Reveals that Airports Deliver the Most Attractive Audience to Advertisers

<p class='bwalignc'> <i><b>Frequent Business Travellers Are 83% More Likely to Try or Buy New Products or Services</b></i> </p>

Tuesday, April 17, 2012

New Survey Reveals that Airports Deliver the Most Attractive Audience to Advertisers09:00 EDT Tuesday, April 17, 2012 ALLENTOWN, Pa. (Business Wire) -- A nationwide Scarborough research survey found that Business Frequent Flyers are 83 percent more likely than all American adults to be the first to try or buy new products and services. This custom study was commissioned by Clear Channel Airports (CCA) and conducted by consumer market research firm Scarborough. The survey results highlight the value to advertisers of targeting frequent travellers while they are in transit in airports. The study included nearly 2,000 adult participants age 18 or older, and highlights the importance of airports in today's busy multimedia world. Airports, a “high dwell time environment,” deliver a captive audience and provide advertisers with a potential for strong returns on investment. In addition, according to the survey, approximately three in four Frequent Flyers and Business Frequent Flyers both notice airport advertising and take the time to actually read the message. The national survey found that airports provide advertisers with a saturated audience of affluent, educated, tech-savvy travellers. The two key audience groups identified by the survey are Frequent Flyers (adults who have taken 3 or more round trip flights in the past year) and Business Frequent Flyers (adults who have taken three or more round trip business flights in the past year). Frequent Flyers account for over 38 million adults, and Business Frequent Flyers account for over 11 million adults, with an average household income of $125,000*. While Frequent Flyers and Business Frequent Flyers represent 36% of total flyers, they account for 70% of all airport impressions due to their more frequent travel. The survey also showed that airports have a number of unique, high-visibility touchpoints—from security lines and concourses to connection hub, baggage claim and ground transportation areas—that allow advertisers to reach captive audiences in impactful ways. Clear Channel Airports is able to capitalize on these touchpoints through innovative programs that complement the unique airport space, such as compelling digital networks in gate hold areas, baggage carousel wraps, and interactive experiential brand exhibits in the heavily trafficked concourses. “This is an important study that highlights for companies of all sizes the significant buying power of frequent travellers,” says Toby Sturek, President, Clear Channel Airports. “This study identifies a consumer demographic that spends time and money engaging with airport advertising and is very receptive to new products and services. The study is clear: airports deliver high returns for advertisers.” “The survey revealed that frequent business travellers are key market influencers. It is noteworthy that even with smartphones, iPads and many other mobile devices, frequent travellers are influenced by airport advertising,” said Scott Willoth, Senior Vice President of Analytics & Insights for Scarborough. “This research is consistent with the unique value that Scarborough provides by focusing on customized studies that offer deep and actionable insights.” Affluent Consumers, Captive Audiences: Welcome to the Airport! From user demographics to the impact geographic signposts have on advertising impressions, the survey demonstrated airports to be an ideal environment in which to engage an audience of affluent consumers. Among the key survey findings: Frequent Flyers are 56 percent more likely than the average adult to be the first to try or buy new products and services. Business Frequent Flyers are particularly hard to reach with advertising in more traditional media due to their busy lifestyles. For example, Business Frequent Flyers are 48 percent less likely to be heavily exposed to television compared to the average adult. Business Frequent Flyers are over twice as likely to download a paid app in the past year, and are 128 percent more likely to scan a QR code with a smart phone, compared to the average adult. High dwell time and compelling, large format inventory provide the perfect venue to reach tech savvy travellers with modern, interactive media campaigns. The survey also focused on the amount of time air travellers spend in different areas of the airport, examining how that “captive audience time” helps drive advertising impressions and purchasing decisions. Notably: 89 percent of Frequent Flyers spend up to 30 minutes in airport security, meaning that fixed points of interest, such as security lines, are ripe for advertising. Half of Frequent Flyers spend 45 minutes or more in airport concourses after clearing security. Three out of every four travellers have purchased food and beverages from airport concessions. 73 percent of Business Frequent Flyers spend up to two hours in connecting airports during layovers, underscoring the importance of hub airports as advertisement investments. 89 percent of Business Frequent Flyers spend up to 30 minutes in baggage claim and 80 percent of Frequent Flyers have checked their luggage at least once during their last three personal trips. Survey Methodology The data in this press release is from a custom study conducted by Scarborough in fall 2011. Scarborough measured 1,983 adults nationwide in the areas of Frequent Flyers and Business Frequent Flyers. *This data is from Scarborough USA+ release 2, 2011. About Clear Channel Airports Dedicated to airport advertising for more than 37 years, Clear Channel Airports is the premier innovator of contemporary display concepts. The Company, a division of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), one of the world's largest outdoor advertising companies, currently operates more than 270 airport programs across the globe and has a presence in 32 of the top 50 U.S. markets with major airports. More information can be found on Clear Channel Airports and Clear Channel Outdoor by visiting www.clearchannelairports.com and www.clearchanneloutdoor.com. About Scarborough Scarborough (info@scarborough.com) measures American life. Our consumer insights reflect shopping patterns, media usage across platforms and lifestyle trends for adults. Media professionals and marketers use Scarborough insights to make smarter marketing/business decisions on things like ad placement, multicultural targeting, and sponsorship opportunities. The company's core syndicated consumer insight studies in 77 Top‐Tier Markets, its Multi‐Market Study and its national USA+ Study are Media Rating Council (MRC) accredited. Other products and services include Scarborough Mid‐Tier Local Market Studies, Hispanic Studies and Custom Research Solutions. Scarborough measures 2,000 consumer categories and serves a broad client base that includes marketers, advertising agencies, print and electronic media (broadcast and cable television, radio stations), sports teams and leagues and out‐of‐home media companies. Surveying more than 210,000 adults annually, Scarborough is a joint venture between Arbitron Inc. and The Nielsen Company. Certain statements in this release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Clear Channel AirportsFaith Roland, 610-395-8002faithroland@clearchannel.comorRLM FinsburyAndrew Conn, 646-805-2023andrew.conn@rlmfinsbury.comorScarborough ResearchDeirdre McFarland, 646-654-8434