French Riviera:
The Russians Still Ahead Of Most Tourist Spenders
The recent survey by Global Blue shows that tourists who spend most cash in the
Cote d'Azur are still Russians. Furthermore, nearly half of all the tax free purchases
in the PACA region (Provence-Alpes-Cote-d’Azur) are made by six countries.
Most of the purchases are made in Cannes.
With respect to their level of expenditure, the Russians are still number one
customers in French riviera as Global Blue, the leading tax refund corporation,
reported. Despite a decline in 2009 (- 11.8% of transactions), Russian tourists
make up 27% of purchases for Tax Free Shopping with a cart of € 1,175 on
average.
Nearly half of all the tax free purchases in the PACA region are made by six countries:
the Russians, after them the United States (+2.6%), China (+14.8%) and Switzerland.
In 2009, the number of transactions in the PACA region has declined by 3.7%.
According to tourmag.com, clothing, shoes, and accessories are the products most
popular with foreign tourists, representing 84% of purchases. They spend an average
of € 952 for such purchases. Watches and jewelry come in second place (3%
of purchases).
Nearly 34% of purchases by foreign tourists are made in Cannes. Among the other
places are Nice (29%), Monte Carlo (11%), Saint-Tropez (6%) and Marseilles (5.6%).
In Marseilles, the main spenders are from the Algerian community who arrive there
by boat.
In Cannes, Jean-Marc Leroy, CEO of Global Blue France, is to launch the first
issue of the magazine SHOP Côte d'Azur, which will inform foreign buyers
about the offer in the area. Published in English and Russian, 30 000 copies of
SHOP Côte d'Azur will be distributed mainly in hotels.
Source: www.tourism-review.com