Global payments’ technology company Visa Inc. interviewed over 300 credit card-holders in the UAE, both male and female, between the ages of 18-55 years old.
Over 130 of the respondents had household incomes between AED 200,000 and AED 300,000 per annum and more than 170 respondents had household incomes of AED 300,000 and above per annum.
“One interesting feature of the study that I can reveal ahead of our presentation at Arabian Travel Market, is that in 2013 family holidays had the third highest spending incidence among affluent respondents in the UAE.
89% took an overseas holiday in the last year with India, USA, Turkey, Maldives and France as the most popular destinations,” commented Marcello Baricordi, General Manager UAE and Global Accounts Lead at Visa Inc. MENA.
He added: “In terms of expected spending on family holidays over the next 12 months, half of UAE affluent respondents said they would be spending more than the previous year.”
Premium travel and hospitality is the theme of this year’s ATM show with the launch of ‘Spotlight on Luxury’. The up-scale focus will bring together luxury brand exhibitors, targeted luxury buyers and visitors along with a number of special seminar sessions exploring the high value market segment for both inbound and outbound travelers.