Many Chinese travelers take overseas trips to buy goods and avoid taxes but it looks like that's having adverse effects on the global economy.
5 days ago
If you think that any travel slump in the U.S. because of the strong dollar would just impact airlines, hotels and car rentals than guess again because clothing retailer Abercrombie & Fitch pins its second quarter weakness on lack of traveler spending and the strength of the U.S. dollar.
4 weeks ago
The diversification of Chinese tourists' shopping interests is good news for Japan. But as European tourism officials will tell you, they shouldn't be surprised if shopping habits change.
1 month ago
While we don't have Burberry on our shopping list, we look forward to feeling less squeezed this summer when we visit London. It's a feeling that most visitors have practically forgotten.
3 months ago
A slowdown in tourism doesn't just harm the travel industry. As the habits of shopping travelers from China to Brazil and beyond change, so will the expectations of retail brands in major tourism markets.
4 months ago
Whether or not people flock to the shops, redesigned terminals are rarely a bad thing. Unless, of course, you're forced to slalom through display stands to get to your gate on time.
5 months ago
Although Dufry certainly wouldn't explain it this way, duty free sales are a benchmark for what people will spend on goods when they're feeling positive — otherwise they definitely wouldn't be buying perfume, chocolates, cigarettes, and liquor.
For some, shopping at the airport is a pricey hassle. For others, it's a way to enjoy the flying experience a little more. Brands like Hudson are realizing that better meeting the needs of travelers is the way to thrive in the digital age.
Tourists aren't stupid. When money's tight, the trip counts more than the shopping for luxury goods they don't really need.
There were a few golden years of international tourism retail in the U.S. As the dollar picks up speed, these boom times are receding.
11 months ago
In and outside the travel industry, Airbnb's website has been a model of smart design. Its new Apple TV app likely will set a standard, as well.
1 year ago
The gravy train will end one day, and destinations need to be prepared for more sustainable shopping patterns.
