Survey finds less people intend to go on a foreign holiday next year

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2nd November 2015 13:09 - Sport, Leisure and Tourism

A survey has revealed that less people plan to go on a holiday abroad in the next 12 months, in comparison with last year.Survey finds less people intend to go on a foreign holiday next year

The survey questioned 5,319 adults in the United Kingdom as part of market research commissioned by First Rate Exchange Services in association with the Institute of Travel and Tourism, the University of Wolverhampton.

This year, 55 per cent of people said that they intend to go on a foreign holiday, a decrease on the 57 per cent who said the same last year.

Of the respondents in the survey, those who were aged between 35 and 44 were the least likely to travel abroad, with 30 per cent having already made the decision not to travel in the next 12 months.

The respondents aged between 25 and 34 were the group most likely to go abroad in the next 12 months, with 62 per cent saying that they will go to a foreign country next year.

59 per cent of those aged between 25 and 34 said that they will take two or more foreign holidays next year.

The 25-34 age group were also the demographic most likely to spend more on their next foreign holiday, with 13 per cent saying that they have upped their budget and 11 per cent saying that they will take more travel money than they did on previous holidays.

Of the respondents within all age brackets, 10 per cent said that they have increased their budgets for foreign trips next year, as well as their travel money (7 per cent).

The survey also revealed that 82 per cent of those who went away in the last 12 months will go on holiday again in the next year.

Head of Strategy and Innovation at First Rate Exchange Services, Alistair Rennie, said of the survey findings:

"Successive holiday confidence index reports have shown that there is a hard core of people intent on travelling abroad for their holidays.

"Those numbers have remained pretty consistent, indicating that a significant percentage of people have an unshakable resolve to take an overseas holiday."

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