Airports in the Asia-Pacific region reported $14.8 billion in sales in 2016.
According to the company’s latest retailing report, Asia-Pacific airports generated the most sales last year, reporting $14.8 billion. Europe, which ranks second in spending at airports, hit $10.7 billion in 2016.
Furthermore, the U.S., which GlobalData reports has traditionally offered a poor shopping experience at airports, is also developing a host of new retail spaces and offers to increase spending.
“Apart from the growing number of air travelers, increased security over recent years delivers a constantly changing captive audience for airside retailers, which claim 83 percent of all spending in airports. This audience has time to kill, and especially when on holiday, is in the mood to spend,” says Maureen Hinton, group research director, Global Data Retail. “Airports appreciate the extra revenue and
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