Shopping Tourism: Asian Visitors Spending Heavily

CompaniesRetail & Consumer ♦ Published: June 14, 2011; 16:07 ♦ (Vindobona)

Russia remains the top shopping nation while Asian tourists' spending is increasing significantly.

Shopping Tourism: Asian Visitors Spending Heavily / Picture: © Tourism Austria

Latest statistics of value-added tax refunds show that shopping tourism is booming in Austria thanks to generous Asian visitors. The highest growth rates in international long-haul tourism were registered for travelers from Asian countries: Thailand (+80%), China (+41%), Taiwan (+36%) and Japan (+12%). Total revenue from shopping tourism in Austria increased by 27% in the first half of…