Such is the economic impact of Brazilians in the US that other destinations around the world are keen to tap into this growing source market. A strong currency and a growing economy are transforming Brazilians into avid shoppers as high import tariffs at home makes shopping abroad worth the trip. In 2011, Brazilians spent on average US$1,700 per trip—higher than the US$1,000 global spend per trip.
The outlook for world duty-free looks rosy, as pent-up demand and the recent reopening of China are powering tourism recovery, despite the headwinds caused by…
View ReportBenefiting from growing smartphone penetration, supportive regulations and so on, a growing number of digital banks have been launched, challenging the…
View ReportThis report examines the global car rental industry, providing analysis on market sizes, brand and company shares, growth trends over the review period and…
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