Five Trends for Tourism & Tax Free Shopping in 2018Read More
Successful Acquisition of GB Tax FreeRead More
Forecasted growth in spend by South Korean tourists materialises with strong gainsRead More
Sales to Middle East tourists falter as increasing geo-political uncertainty reignsRead More
UK continues to be hampered by headwinds; recent reports highlight price increasesRead More
The confluence of the current predictions for continued growth in the global economy, the increasing numbers of middle class consumers (particularly in India and China) and the predilection and...
Fintrax Group is pleased to announce the successful acquisition of GB Tax Free in the United Kingdom. Under the agreement, GB Tax Free will become wholly owned by Fintrax Group. Patrick Waldron, CEO...
Post the US deployment of the THAAD missile defence system in South Korean territory, which led to a travel ban on Chinese nationals travelling to South Korea, and a reciprocal reduction in South...
Whilst several factors from a destination market perspective have contrived in providing a degree of deterrence for tourism, sales to the main Middle Eastern nations also significantly impacted...
The reported headwinds relating to trading conditions in the UK showed no signs of abating in October, with the effects of terror attacks, a subdued Middle East, and growth compares to strong gains...
Sales to Chinese tourists increased by 16% in October, predominantly boosted by strong gains in France, Italy and Spain, but moderated by muted gains in Germany and a decline in the UK, although...
Despite a 9% increase in arrival numbers, sales in the UK declined by 9% in September, driven by an 8% fall in the volume of transactions, as a number of headwinds start to affect sales in the UK....
The movement and fluctuations in the rate of exchange, impact of terror attacks, geo-political events inside and outside of Europe, ‘over-tourism’ concerns, and the anniversary of the Brexit...
Italy once again led the pack amongst the major destination markets, with growth of 20% in the month, and 24% on Year to Date basis, further consolidating its position as the destination of choice...
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