Global tourism spending was up 42.6 percent year-on-year in the month of June, according to a Barclays report based on Global Blue’s latest figures.
Chinese tourist spending was up 87.8 percent in the period, while that of Russia declined 17.9 percent. Barclays said it estimates that spending by other nationalities rose approximately 18 percent.
Tourism, boosted by the traveling Chinese, was up in Europe by 42.6 percent in the month, and Barclays said Chinese spending remained strong in the rest of the world.
Overall tourism spending was up 42.7 percent year-on-year in the second quarter, compared with 23.9 percent in the first, and 4.2 percent in 2014. The June increase of 42.6 percent follows an uptick of 35.5 percent in May.
The watches and jewelry category performed the strongest in June, rising 54.7 percent year-on-year globally, and 70 percent year-on-year in Europe.
Barclays added that the fashion and clothing category still suffers from its higher exposure to Russian spending although it did accelerate to 26.4 percent year-on-year in June, compared with 11.7 percent in May and 13.3 percent in the year to date.