Brits Seek Cheaper Holiday Accommodation And Destinations
For the travel industry, the first two months of the year are usually key, with a large number of people booking their summer holidays. Things appear to be changing this year though, as UK holidaymakers look for ways to save money on their breaks.
Research conducted by Sainsbury’s Travel Insurance has shown that almost 29 million UK residents are planning on going on holiday this year; with a collective spend of £22 billion between them. This means the average amount people are willing to spend is £765.
Whether looking for B&B accommodations in Rome or all-inclusive beach resort deals, with the pound not stretching as far as it used to, almost 80 percent of those questioned admitted they were looking for ways to save money when booking a holiday this year and were likely to spend less money than they had when booking holidays in previous years. Almost 16 percent of Brits have booked their summer break already, although figures show that the numbers planning to book by the end of February are significantly lower than they have been in the past.
45 percent of respondents said they were planning foreign holiday, with 17 percent of them staying in a hotel, 13 percent staying with friends or family, 12 percent opting for a self-catering break and a mere 10 percent looking to stay at an all-inclusive resort. Sites offering private rentals direct from the property owner seem to be faring well during this time, Wimdu offers in Amsterdam, for example, have steadily increased over the last few months as people around the world look for new sources of income.
Sainsbury’s Travel Insurance Manager David Barrett said: “It appears that more people will delay booking their holiday this year, presumably hoping to secure a better deal. We would also encourage holidaymakers to carefully consider their travel money and travel insurance and shop around for the best value for money without forfeiting quality.”
He continued: “Good quality travel insurance will give you peace of mind that your possessions, holiday costs and healthcare needs are covered in the event of unexpected mishaps. Also, organising your travel money before you go means that you have one less thing to worry about, and are fully prepared when you reach your destination.”
Almost half of those questioned (43 percent) said they were planning to holiday in the UK this year, a fact that could give the economy a much needed boost.