Saturday 18 April 2015

Brits to spend more on holidays

THE HOSPITALITY sector is set to benefit from an eight percent increase in the average British household annual holiday budget in 2015, according to a TripAdvisor survey.

The findings, which demonstrate increasing consumer confidence in most of the markets surveyed, represent good news for UK accommodation providers. 

Four in ten travellers around the world plan to spend more on holidays in 2015, with Russia and Greece the only markets where more travellers are planning to cut rather than increase their holiday spend this year.

‘The TripBarometer report paints a positive picture for travel this year, with travellers twice as likely to be increasing their holiday budgets than cutting their spending,’ said Barbara Messing at TripAdvisor. ‘Across the board, people want to take more international trips, and Australia, Italy, and the US continue to be the destinations topping travellers’ wish lists.’

For UK travellers planning to spend more this year, visiting somewhere on their wish list was the most popular reason, cited by four in ten respondents. Domestic travel remains popular in Britain, with almost half of all Brits’ holidays staying within the UK. At the same time, the average British household holiday budget is rising to an estimated £5,500 – an increase of eight percent on last year’s planned budgets.

The survey revealed that Australia and New Zealand remain the top dream destinations for UK travellers. While a significant proportion of Brits wish to escape to New Zealand, the locals there are dreaming of the reverse trip – with four in ten New Zealanders citing Britain as their dream holiday destination.


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