PROPORTION OF BRITS PLANNING AN OVERSEAS SUMMER HOLIDAY DOUBLES IN A YEAR

LONDON, May 5, 2022 /PRNewswire/ — The number of Britons planning an overseas summer holiday has almost doubled since this time last year – rising from 34% to 64% in 12-months, according to research from AllClear Travel Insurance.

As an integral part of its research that tracks travel trends over time, AllClear asked a representative sample of 2,016 adults about their overseas holiday plans for this summer, and compared results to a similar survey conducted this time last year. The results have given the strongest indication yet of just how much traveler confidence has returned in the last year.

Key findings:

  • Relaxing in the sun is top of the list for holidays this summer – with twice as many people this year wanting a relaxing beach holiday abroad (29%, up from 15% this time last year). In addition, the percentage of people wanting a pampering hotel break by the pool has also doubled (rising from 10% to 20%). Adventurous holidays this summer are second to the simple holiday pleasures that many people have so evidently missed over the last two pandemic years.
  • Resurgent travel demand for the summer period is also strong among older travelers, with 46% of over 65-year-olds planning a holiday abroad this summer – up from 33% last year. For those declaring a pre-existing medical condition, the sentiment was very much the same, with 58% looking forward to an overseas holiday this summer.
  • AllClear’s research suggests the pent-up demand for overseas travel has not been seriously compromised by recent cost-of-living hikes that many households have had to deal with. while 87% of people said they would be making cutbacks in the weeks ahead, holidays were not first in line for attention. Spending on clothes and luxuries (42%), restaurants and eating out (43%) emerged as the key areas where people would prune their spending, before considering cuts to food shopping (24%) and holiday spend (25%). This trend was consistent across all age groups.

Chris RollandCEO at AllClear commented: “Travel disruption over Easter at airports was a headache for many, but it did indicate a level of pent-up demand for overseas travel, following two years of lockdown and travel restrictions. The travel industry really needs a strong bounce-back and we’ re already gearing up for a very busy summer period by significantly increasing our headcount to meet that demand.”

SOURCE AllClear Travel Insurance

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