Revealed: 76% of Brits ‘planning to spend at least as much on travel next year as they did in 2023’

• A new survey has revealed how Brits plan to spend their money next year
• Nearly half of those surveyed said holidays were their top spending priority 
• READ MORE: Why ‘hacks’ for the cheapest plane tickets are a waste of time

A new survey has found at least three quarters of Brits plan to spend at least as much money on travel next year as they have done in 2023. 

Nearly half of those surveyed by Censuswide said holidays were their number one spending priority, ahead of home and garden renovations at 30 per cent, eating and drinking out at 28 per cent and 27 per cent who wished to spend on clothes, shoes and accessories. 

According to the ‘travel tracker’ report, published by travel company Travel Counsellors, 38 per cent of people surveyed said they value holidays more since the coronavirus pandemic and 23 per cent feel more motivated to get out and explore the world.

One in six experience the urge to book after hearing about their friends’ holidays, while 15 per cent are inspired by seeing others travel on social media. 

More than three quarters of Brits plan to spend at least as much money on travel in 2024 as they have done in the past 12 months, according to a new survey 

Meanwhile, seven per cent said that a bad day at work could prompt them to book a holiday.

Three-quarters of the 2,000 people surveyed aim to go on an overseas trip in the next six months. 

Spain and France were the most common destinations that those surveyed said they had visited in the past year.  

Research also found that holidaymakers are planning to visit more far-flung destinations in 2024, with the United States and Australia topping the list.

Environmental concerns are becoming a focus as holidaymakers are considering destinations and times of year to visit, research suggests. 

Following the extreme temperatures seen over the summer, 14 per cent of people said they would prefer to visit southern European destinations in the cooler spring months.

Research found that one in six Brits have the urge to book a holiday after hearing about a friend’s holiday, while a further 15 per cent are inspired by social media

Nearly half, 48 per cent, of those surveyed said climate change has made them consider more sustainable options when planning a holiday, although only 13 per cent said they plan to reduce their air travel.

Meanwhile, 52 per cent of 16 to 24-year-olds said they would be willing to pay more money for a more sustainable holiday, compared with 41 per cent of all adults across the survey.

People typically said they would be willing to spend 14 per cent more, on top of the existing price for a more sustainable holiday, while 16 to 24-year-olds typically said they would pay nearly a quarter 24 per cent more.

Steve Byrne, chief executive of Travel Counsellors, said: ‘There is much to be optimistic about for the future of the industry, underscoring its enormous value that it holds for the UK economy.’

Source: Read Full Article