Travelzoo Asia Pacific, a licensee of Travelzoo Inc. TZOO today released the findings of its subscriber survey. The results revealed that 70 percent of Travelzoo subscribers would spend more on travel rather than luxury goods. This finding indicates a major shift in consumer spending habits, with preference on travel and experiences.
Specifically, when respondents were asked what they would give up in order to travel more, the figures showed that 60 percent of respondents in Australia, 69 percent in Mainland China, 74 percent in Hong Kong, 79 percent in Taiwan, and 66 percent in Japan were willing to spend less on luxury goods.
These survey findings were gained from interviewing 6,500 Travelzoo subscribers in Asia Pacific between 27 October and 28 November 2011.
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