Add

Saudi travelers, biggest spenders when abroad

According to Visa‘s latest Global Travel Intentions Study 2013 Saudi travelers top the list of biggest spenders when shopping abroad, with an average spending of US$ 6,666 per trip, followed by Australians (US$ 4,118) and Chinese travelers (US$ 3,824). Future travel budget increases are especially high among Asian markets with a predicted increase of 46 percent – travelers from Singapore, Thailand and Hong Kong all plan to at least double the budget of their last trip in the future.

Respondents from the MEA indicated strong intention (76 percent) to travel more in the future primarily residents from Saudi Arabia, Kuwait and the UAE. The Visa study also revealed that global cross-border tourism is thriving and travelers intend to increase budgets for their next trip by an average of five percent with some holidaymakers even suggesting that they would more than double what they spent on their previous trip.

Visa’s study revealed the US ranked as the most popular destination choice for global travelers, both for trips taken in the past two years (17 percent) and for intended travel in 2013 (10 percent). Other top destinations in 2011 and 2012 included the UK (12 percent), France (12 percent) and China, Singapore, Thailand and Hong Kong (all 10 percent).

Saudi shoppers at the Harrods in London (photo thetimes.co.uk)

CPP-LUXURY iOS App