CHINESE TOURISTS REGAINED THE LEADING POSITION IN VISITING RUSSIA
According to the border service of the Federal Security Service (FSB), the number of foreign tourists visiting Russia has tripled from January to September 2023 in comparison to the previous year. ...
THE REAL ESTATE CRISIS IN CHINA IMPACTS TOURISM
Chinese tourists were the top travelers in the world in 2019. They spent over $250 billion collectively abroad, almost twice as much as their closest rivals, the Americans. Additionally, they recorded ...
ITALY IS THE LEAST ATTRACTIVE EU COUNTRY FOR TAX-FREE SHOPPING
Non-EU tourists can benefit from tax-free shopping by recovering the VAT on the products purchased, but the Italian legislation provides for a minimum spending limit (Minimum Purchase Amount) to take ...
LUXURY TOURISM MARKET IN EUROPE WORTH BETWEEN 130 AND 170 BILLION EUROS
Luxury tourism in Europe is a market estimated at between 130 and 170 billion euros per year, which could triple within 10 years thanks to the development of certain destinations and investments in in ...
SPRING FESTIVAL HOLIDAY: CHINESE TOURISTS EXPLORED THE SOUTHEAST ASIA
During the recent eight-day Spring Festival holiday, Chinese tourists once again proved their significant contribution to the tourism industry of different countries worldwide. Various industry data s ...
