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Press Room: Media Releases

01 Jun 2009

Asian shoppers undeterred by economic recession

Online accommodation website, Wotif.com reveals Asians are crazy for shopping

Bangkok – 01 June 2009: Despite the global economy going up the spout, 60% of Asian shoppers are showing no signs of tightening their belts, while over 50% plan to travel within Asia for the sole purpose of shopping, according to online accommodation website Wotif.com’s Shopping Insight Survey.

The survey involving 426 respondents from Singapore, Thailand, Hong Kong and Malaysia revealed that despite the doom and gloom, 60 % of Asian shoppers don’t seem to be affected by global economic recession.

Wotif Group Executive General Manager for Asia, Sii Eawsakul said “hotels have offered fantastic rates with great value adds thrown in which has so far encouraged tourists to travel more within Asia, especially those with a passion for bargain hunting.”

Largely unaffected by looming economy, 53% of respondents have planned to travel within Asia for the sole purpose of shopping and don’t intend to curb their shopping budget.

Singapore placed first in the survey as the favourite shopping destination, ahead of Thailand, with Hong Kong in the third place.

“With excellent customer service and an array of high-end boutiques and street stands, it’s no wonder that Singapore came in first.

“Apart from great shopping centres like the Paragon and Ngee Ann City, the Great Singapore Sale also attracts local and foreign shopaholics alike. Singapore is a shopping paradise for all,” said Sii.

According to the survey, fashion stuff including clothes, bags and shoes are the most sought after shopping items, followed by food and electronic equipment.

- ends-

Note to Editor
*Results are Wotif.com’s Shopping Insight Survey 2009 conducted by Wotif.com from 1 April 2009 until 28 May 2009 and had 426 responses in total.

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