Tourism and Travel News
Global Blue data shows softening in tax-free shopping revenues across Europe and Asia Pacific
Global Blue has released its Tax Free Shopping Business Update for March, highlighting a softening in tax-free shopping revenues influenced by less favourable exchange rates.
Under the agreement, the partners will work together on several key initiatives, including promoting duty-free store discount partnerships to enhance the sale of both domestic and international tourism products.
Latest data from Tourism Research Australia reveals that Brisbane attracted a record 53.7 million nights in 2024, driving overall tourism spending to a record A$11.3 billion.
The response from Korean duty-free retailers follows Acting President Choi Sang-mok’s pledge to drive tourism growth and stimulate domestic consumption through diversified tourist initiatives.
““We will do our best to attract foreign tourists and increase the satisfaction of travel through duty-free shopping by leveraging the competitiveness of our duty-free business that we have built up over the past 45 years,” says Lotte Duty Free CEO Kim Dong-ha.
The exhibition, which runs until 21 March, features a vibrant art space along the domestic boarding gate passageway, showcasing works by 19 Kansai artists and groups, along with landscape photography highlighting the attractions of Peach’s destinations.
The fast-growing attraction of Saudi Arabia as a tourist destination is being showcased in style this week (4-6 March) at ITB Berlin, the influential world travel industry exhibition.
Traveller volume surged to 129 million, reflecting a +110% increase compared to the same period in 2019, with a total of 515 million international departures recorded from October to December.
While representing a sharp increase over 204, outbound travel remains far below pre-pandemic 2019 levels.
Airports Council International World and the International Civil Aviation Organization have released a joint Passenger Traffic Report, Trends and Outlook that offers insights into the evolving landscape of air transport to 2052.
The move aims to “further promote the normalisation of cross-strait exchanges and the regularisation of exchanges in various fields, and in response to the strong expectations of the grassroots people and tourism industry in Taiwan”.
The latest research conducted by Dragon Trail International reveals optimism for Chinese outbound recovery and growth in the ‘silver’ and ‘younger’ travel groups.
We present highlights from digital marketing specialist China Trading Desk’s latest Travel Sentiment Survey covering Q4 2024.
