Tourists spending down nine percent. Decrease attributed to visitors’ lower purchasing power

Tourist expenditure dropped nine percent during the last year compared to 2015, according to Global Blue's report: Insights into Tourist Spending Q4 2016. The report accounts for VAT refunds that occur at Beirut Rafic Hariri International Airport and other borders. Saudi tourists spending dropped 17 percent, Emiratis ten percent, and Kuwaitis eight percent.

Saudi tourists represented 33 percent of the total number of spenders, followed by Kuwaitis at 14 percent, and Emirati's at 13 perce...

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