Travelometer reveals level of consumer confidence

Published:
17/07/2009
Topic:
Press Release,Travel

Travel comparison site travelsupermarket.com today released the findings of its first ever consumer travel barometer, an ongoing tracker of Brits' views on holidays and travel.  The barometer is a snapshot of British attitudes to holidays - to go away or not to go away, what type of holiday, where to go and how much to spend.

  • Nearly half of British adults will definitely go on holiday in the next 12-months
  • Twenty-one per cent are less likely to go on holiday now than six months ago
  • UK breaks are the most popular holiday type
  • Average holiday spending money per person per week is £301

The first quarterly poll of over 2000 people* found that nearly half of British adults questioned (45 per cent) will definitely be going on holiday in the next 12-months.   However, twenty-one per cent are less likely to go on holiday now than six months ago.  Eleven per cent of Brits had already booked their main holiday six months ago, but the average booking-ahead time is 3.8 months.  Perhaps unsurprisingly women like to plan further in advance than men with an average booking-ahead time of four months, compared to three and a half for men.

The popularity of the UK as a holiday destination - recently termed the 'staycation' - is confirmed, with 50 per cent saying they are most likely to book a break in Britain in the next 12-months.  City breaks, all-inclusive holidays and 'pickage' holidays (do-it-yourself package holidays - booking flights, accommodation, etc. separately) are also popular.

 

HOLIDAY TYPE

POPULATION PERCENTAGE

  1. UK break

50%

  1. City break

30%

  1. All inclusive holiday

30%

  1. DIY package

30%

  1. Caravanning / camping

18%


 

The three most important factors that influence holiday booking decisions on average are: price (72 per cent), weather (38 per cent) and facilities (38 per cent). 

While price is invariably king, this summer's predicted good weather in the UK will have been an influencing factor in the rise of the popularity of holidaying at home. There is little difference between men and women, but the research highlights the lack of awareness from young people, especially the under 20s, about ensuring their holiday booking has some form of protection.  It is at number eight in that age group's list of priorities - with less than one in 10 considering it important, even in the current turbulent climate.  Whereas for older holidaymakers, particularly the over 50 age group, ATOL and ABTA protection is a much higher priority when booking a holiday - reaching number two in terms of importance for the over 70s (37 per cent) and number three for the over 60s (33 per cent).

Holiday Spending Money Index

As part of the consumer travel barometer, the first ever Holiday Spending Money Index reveals that, of those that budget, the average amount of money that Brits take away with them on holiday is £301 per person per week (not including flights and accommodation).  Eight per cent of Brits don't budget at all - just taking their credit cards and hoping for the best.  Londoners are the biggest spenders abroad, budgeting around £366 per person per week, followed by the Welsh (£336).  The thriftiest holiday spenders are from the Midlands at just £252 per person per week.

 

REGION

AVERAGE HOLIDAY SPENDING MONEY

(PER PERSON PER WEEK)

London

£366

Wales

£336

North West

£329

Northern Ireland

£316

Scotland

£312

North East / Yorkshire

£295

South West

£293

South East

£288

East Anglia

£271

Midlands

£252

 

Bob Atkinson, travel expert from travelsupermarket.com, said: "We want to be able to track attitudes and opinions to see whether holiday habits are changing, particularly in the fast paced environment that we're living in at the moment. 

"We know that Brits value their holidays and still plan to get away from everyday life.  Tracking travel attitudes and plans over time will give an interesting insight into the needs and wants of British holidaymakers, and will assist us in advising them accordingly.

"The findings of this first consumer confidence barometer are interesting in the current climate, where we know money is tight.  It will provide a useful baseline for ongoing research and comparisons."

 

-Ends-

* All figures, unless otherwise stated, taken from research carried out on behalf of travelsupermarket.com by Opinium in June 2009, among 2,007 British adults (18+)

 

 

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Media contacts

Nicola Parry - PR Officer (Financial Services)
078723 79549
01244 370318
nicola.parry@moneysupermarket.com

 

Emma Morris - PR Manager (Travel & Shopping)
Travelsupermarket.com
Moneysupermarket Shopping

07775 941689
01244 220671
emma.morris@moneysupermarket.com

 

Ian Williams
Director of Communications

07515 329671
01244 665793
ian.williams@moneysupermarket.com

 

Clare Francis
Site Editor

07595 067818
01244 220650
clare.francis@moneysupermarket.com