Member Article

Brits spending 17% of disposable income on vacations

New research by Saga, who celebrate their 65th anniversary in 2017, reveals that Brits took 65.7 million trips abroad during 2015 - spending £3.5 billion.

How did we turn into vacationholics? According to the research, 34 per cent of people say they are more adventurous about holidays now than they were 10 years ago and 15 per cent of women go as far as to say they are ‘a lot more’ adventurous than a decade ago.

This sense of adventure and the accessibility of it can be attributed in part to the growth in air and sea travel allowing companies to provide all kinds of holidays, truly expanding options when it comes to vacationing. Leaving no corners unexplored, stats reveal that nearly 1 in 3 people choose different destinations every time they travel. With so many travel options then it is no surprise that we are less likely to save for a rainy day when in abundance of a few extra pounds.

With so many travel options then it is no surprise that we are less likely to save for a rainy day when in abundance of a few extra pounds. According to research, 26 per cent of 25-to-34 year olds say that if they had more money, they would most likely spend it on holidays, and it’s not just the twenty and thirty-year-olds, 24 per cent of those aged 55+ would equally indulge in holidaying over saving.

Here’s a look back at the evolution of what has become a modern day obsession.

www.saga.co.uk/travelexperiences

This was posted in Bdaily's Members' News section by Broadcast Exchange .