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1. Visa Reports World Cup Spending Rankings
Visa Reports World Cup Spending Rankings. Visa spending data indicates that the United States, followed by the United Kingdom, Australia, Brazil and France have been the strongest contributors to tourism spending to date. These five countries alone accounted for 47% of spending. Over 90% of spending was in typical leisure and business travel categories - accommodation, restaurants,
2. Asia Pacific Markets See Improvement in Consumer Spending Capability
Asia Pacific Markets See Improvement in Consumer Spending Capability. According to indications provided by the inaugural MasterCard Worldwide Index of Consumer Spending Capability (MWICSC), a robust turnaround in consumer spending is expected in 2010 across the Asia Pacific region, with double-digit retail sales growth predicted in China, Hong Kong, India, Indonesia Korea, Malaysia
3. Foreign Visa Card Spending in Singapore Tops US$8.3 Million on Opening Day of Youth Olympic Game
Foreign Visa Card Spending in Singapore Tops US$8.3 Million on Opening Day of Youth Olympic Games. The Singapore economy has seen a boost in foreign visitor spending during the days leading to the opening day of the Singapore 2010 Youth Olympic Games, according to spending data from Visa. More than US$8.3 million was spent by international visitors to Singapore on Visa-branded paym
4. International Travellers Spending More in Australia
International Travellers Spending More in Australia. New research released by Tourism Research Australia reveals international travellers are spending more during their visits to Australia. In the year ending June 2008, spending by international visitors in Australia increased 9% to $16 billion, primarily driven by the growth in Chinese, Malaysian and Indian markets.
5. Spending Up @ Dubai Shopping Festival 2011
Spending Up @ Dubai Shopping Festival 2011. The United Kingdom remains the top spending country, with visitors spending a total of $44.5 million through the duration of the DSF. China followed close behind at almost $42 million, up 109% from previous years; while Saudi Arabia reported a total spend of $39.4 million up 83% over last year.
6. 2007 Tourism Spending in Hong Kong passes HK$140 billion mark
2007 Tourism Spending in Hong Kong passes HK$140 billion mark. Total Expenditure Associated to Inbound Tourism (TEAIT) in Hong Kong in 2007 reached HK$140.52 billion, an increase of 16.4% over 2006. The average per capita spending of overnight visitors surpassed the HK$5,000 mark to HK$5,122, 6.7% higher than the 2006 figure, while that of same-day in-town visitors surged by 22.1%
7. Tourism Spending and Mega Sporting Events
A new Visa report shows the effects of mega-sporting events and the impact they have on tourism spending in the event host countries. The report analyzes Visa cardholder spending patterns, known as VisaVue Travel data, of three recent mega-events: 2010 FIFA World Cup South Africa, the Vancouver 2010 Olympic Winter Games and the Beijing 2008 Olympics Games. According to the report,
8. Hong Kong Tourism Spending Hits HK$162 Billion
Hong Kong Tourism Spending Hits HK$162 Billion. The total expenditure associated to inbound tourism to Hong Kong (TEAIT) increased by 3.2% year-on-year to HK$162.89 billion in 2009, despite the impact of the global economic downturn. On average, the spending by overnight visitors increased by 6.1% to HK$5,770 per capita, while that of same-day in-town visitors soared by 20% to HK$1

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