We're still taking bite out of Big Apple for shopping
Published 28/11/2011 | 05:00
BARGAIN hunters are still jetting to New York to do their Christmas shopping despite the recession.
The annual transatlantic trek almost became a rite of passage at the height of the boom when well-heeled shoppers would think nothing of spending $10,000 (€7,550) in a single trip, according to Brian Greene of Arrow Tours.
And while those heady days are now long gone, there is still a substantial number of Irish shoppers jetting to the Big Apple.
"The numbers are down from a peak in 2007, but it's still significant," said Aer Lingus spokesman Declan Kearney.
With the euro still trading relatively strongly against the dollar, prices in New York are attractive for Irish shoppers, according to John Fitzgerald, CEO of the Fitzgerald Hotel Group.
"Very often at this time of year about 50pc of our guests are from Ireland," he said.