Tourism

UK Tempts Tourists With Tax-Free Shopping
UK Tempts Tourists With Tax-Free Shopping
September 23, 2022  |  Retail

Retailers in the U.K. can roll out the tax-free welcome mat to overseas visitors now that the region has re-instituted the tourist perk in hopes...

READ MORE >
Data Point: Travel App Bookings Up 16% in Q2
Data Point: Travel App Bookings Up 16% in Q2
September 23, 2022  |  Travel Payments

When they say “pent-up travel demand” they mean it, as consumer use of airline booking apps and websites rose by double digits in the second...

READ MORE >
Europe’s High Street Retailers Feel Loss of Chinese Luxury Shoppers
Europe’s High Street Retailers Feel Loss of Chinese Luxury Shoppers
August 26, 2022  |  Retail

Since the start of the pandemic in 2020, Chinese tourists — once the darlings of luxury spending on European high streets — have been such...

READ MORE >
El Salvador Weekly: Four Questions for President Bukele on ‘Doubt’ Surrounding Bitcoin
El Salvador Weekly: Four Questions for President Bukele on ‘Doubt’ Surrounding Bitcoin
August 15, 2022  |  Cryptocurrency

Salvadoran President Nayib Bukele added his voice to the bragging ministers after the United Nations World Tourism Organization’s (WTO) Aug. 1 World Tourism Barometer report...

READ MORE >
El Salvador Weekly: Morgan Stanley Says Buy El Salvador Bonds (at 28 Cents on the Dollar)
El Salvador Weekly: Morgan Stanley Says Buy El Salvador Bonds (at 28 Cents on the...
July 23, 2022  |  Cryptocurrency

For months now, everybody’s been screaming that El Salvador’s bitcoin-as-currency experiment will bring the country’s economy down in ruins. Now Morgan Stanley has called time...

READ MORE >
Tripadvisor Teams With Tourism Data Firm To Aid In Travel Recovery
Tripadvisor Teams With Tourism Data Firm To Aid In Travel Recovery
February 26, 2022  |  Travel Payments

As the business press keeps recounting a brutal 2020 for air travel and lodgings, we’ve heard somewhat less about the woes of destination marketing organizations...

READ MORE >
Travel Operators Focus on Payments to Recoup Pandemic-Related Losses
Travel Operators Focus on Payments to Recoup Pandemic-Related Losses
November 22, 2021  |  Travel Payments

As we get a clearer idea of the extent of travel and tourism disruption from the pandemic, companies are zeroing in on payments management to...

READ MORE >
Chinese Tourism Spending Down During Week-Long National Holiday
Chinese Tourism Spending Down During Week-Long National Holiday
October 08, 2021  |  Retail

Chinese consumers spent about 1.64 billion yuan ($252.3 million) on luxury goods at nine duty-free shops in southern island province Hainan in the first six...

READ MORE >
Buoyant Domestic Summer Travel Suggests Brisk Holiday Demand Will Follow
Buoyant Domestic Summer Travel Suggests Brisk Holiday Demand Will Follow
September 06, 2021  |  Travel Payments

With extra cash in their bank accounts and an itch to get away, many consumers spent their first summer with a COVID-19 vaccination away from...

READ MORE >