WTTC Unveils the Power of Retail Tourism
Retail tourism is playing a pivotal role in the recovery of the Travel & Tourism sector, which saw inbound tourism revenues surging by 82% in 2022.
Retail therapy and travel: YouGov Exploring insights into shopping tourists
Shopping tourism can be a boon for retailers, tourism centers and local economies alike, emphasizing the importance of gaining a better understanding of this segment of the travel industry.
The Importance of Shopping Tourism for Retailers and Destinations
According to a report by the World Tourism Organization (UNWTO), shopping tourism represents around 30% of total tourism expenditure worldwide.
Wizz Air partners with InterLnkd to launch intelligent shopping platform
InterLnkd, the travel industry’s intelligent shopping mall partner, and Wizz Air have announced the launch of the carrier’s pioneering WIZZ SHOP&FLY e-commerce store, powered by InterLnkd.
Tax free shopping sales in store recovery reached 141% in February 2024 compared to 2019
New data from Global Blue reveals that the global dynamic recovery for Tax Free Shopping remains strong across Continental Europe and Asia Pacific.
Travellers with children present opportunities for travel retail
The Swiss agency’s latest research demonstrates that the family traveller segment represents greater opportunities for global travel retail.
Gender behaviour in travel retail disproves stereotypes
The latest shopper research on the differences between men and women’s shopping behaviour in travel retail reveals that men tend to shop more in travel retail than women.
Reintroducing Global Blue to retailers and shoppers worldwide
Over 40 years ago, Global Blue pioneered the concept of Tax Free Shopping, changing the retail landscape and empowering international shoppers worldwide.
China’s Outbound Tourism is Changing, Female Travelers Are Leading the Way
The evolving demographics of Chinese outbound travel shows a jump in younger female travelers.
Travellers with children present opportunities for travel retail
With the return of Chinese tourism to Macau, consumption in the casino and luxury shopping hub is also set to resume.
Zero-dollar tourism is scourge of China travel industry
They are known as “zero-dollar tours” and they have proliferated with the resurgence of China’s tourism industry – both domestic and international – in the post-Covid era.
How Fashion Is Responding to the Return of Global Travel
With travel expected to soon surpass pre-pandemic levels, The State of Fashion 2024 unpacks how brands and retailers are adapting to strategies to connect with vacation-focused consumers.
Tourists would spend more if tax-free shopping is reintroduced, UK study finds
Four fifths (84%) of tourists have said the reintroduction of tax-free shopping would make them more likely to visit and spend money in Britain, research commissioned by the Association of International Retail has shown.
Duty free and travel retail industry - statistics & facts from Statistica
Travel retail is a varied market with many global players, but the largest companies are generally based in Asia. In 2022, based on revenue, China Duty Free Group was the leading travel retailer worldwide, with revenues amounting to 7.4 billion euros.
Luxury shopping in global travel retail research reveals key customer segments
Recent m1nd-set research highlights young Asian Pacific males as key drivers in global travel retail’s luxury sector, significantly impacting shopping patterns and preferences across various luxury categories.
Global Blue launches its first Sustainability Barometer for international shoppers
Global Blue is releasing its first sustainability barometer for international shoppers. This endeavor aims to gauge the sustainability concerns and habits of international shoppers annually.