Peter Mohn News Today

Males, younger shoppers, and Asia Pacific consumers are the primary drivers behind luxury shopping in global travel retail, according to m1nd-set research.

The 2024 TR Consumer Forum, which is taking place from 3-5 June in Dubai, has welcomed a wave of new speakers and registered delegates.

The refreshed event programme incorporates a range of learning, networking, and social elements

The bi-annual event this time took place in Budapest

Air traffic evolution will reach 95% of pre-Covid levels in 2024; footfall in duty free shops in the region is in line with the global average

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In terms of spend, men also spent more on average in total than women in travel retail in 2023

The Indian market will represent the fourth largest spender on travel globally

Asia Pacific is the only region where it remained below pre-pandemic 2019 levels

The findings are based on recent interviews with 3000 Chinese travellers