Half of Brits looking to cut costs on holidays next year amid cost-of-living crisis
Dailystar.co.uk
1 min read
Half of Brits looking to cut costs on holidays next year amid cost-of-living crisis,Nearly half will go away for shorter periods, while a third will opt for shorter-haul destinations - but Brits are still planning two trips abroad in 2023
Half of Brits looking to cut costs on holidays next year amid cost-of-living crisis
Spain, Greece, Portugal, and Italy are among the top European destinations Brits plan to travel to for a holiday next year – to ensure they get the best value for money amid the rising cost of living, research revealed.
Nearly half of Brits (47%) face having to make changes to the way they travel to ensure they can stretch their budget for a holiday, according to a poll of 2,000 people.
More than a fifth (22%) would be willing to travel in the dead of night to keep costs lower, while 35% will choose short-haul destinations, instead of far-flung.
And almost half of those polled (46%) will go away for a shorter period of time – as the average traveller now has £300 less in the kitty for their next holiday.
But despite facing budget constraints, the research, which was commissioned by loveholidays, found more than half (55%) are still excited about the prospect of holidaying abroad next year.
Nearly six in ten (59%) are determined to be just as adventurous with their holiday plans, while 28% do not want to compromise on experiencing new cultures – even if they are struggling to stretch their budgets.
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