Tourists' luxury spending up in December for first time since February: study
Reuters
Published Jan 20, 2017 12:10PM ET
Updated Jan 20, 2017 12:20PM ET
Tourists' luxury spending up in December for first time since February: study
PARIS (Reuters) - Global spending on luxury goods by tourists was up in December for the first time since February, lifted by strong business in Britain and France, a study by tax-refund services firm Global Blue showed.
Tourism spending on luxury goods was up 3 percent year on year in December overall, with a 26 percent increase in Britain and 21 percent in France, which had suffered from a sharp downturn after deadly Islamist attacks in Paris and Nice.
The data does not include tourism spending in the United States, Hong Kong and Dubai.
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Written By: Reuters
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