Travelers’ Spending Habits Revealed
- UK airport retailers expected to make over £56m during the busiest time of the year
- Men spend more on average than women at airports
- Scottish travellers spend least time in airports but highest per person
- Londoners spend less time but have third-highest expenditure
- Debit cards are most popular payment method
- Research by payments company FreedomPay
New research from FreedomPay reveals that UK airports are set to make over £56 million during the busiest time of the year, with passengers spending an average of £62 per person on retail and catering. The study found men spend more than women and Scottish travellers spend less time in airports but above-average amounts. Debit cards were identified as the most popular payment method.
Factuality Level: 8
Factuality Justification: The article provides accurate information based on research conducted by FreedomPay, with relevant details about spending habits and payment methods of UK travellers during the festive period. It also includes quotes from Tony Hammond, MD of FreedomPay Europe, which adds credibility to the data presented.
Noise Level: 4
Noise Justification: The article provides relevant information about UK airport spending during the festive period, including average expenditure per person and shopping habits by gender, age group, and payment methods. However, it lacks a deeper analysis or exploration of the implications of these findings on the industry or travelers themselves.
Financial Relevance: Yes
Financial Markets Impacted: UK airports and retailers
Financial Rating Justification: The article discusses the spending habits of UK travellers at airports during a busy period, impacting the revenue of airports and retailers.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the article.
www.retailsector.co.uk