We’ll spend more on 2014 holidays

2014 holidays

Sun-seeking Brits plan to spend more money on 2014 holidays than they did this year, reveals a survey by travel search site Skyscanner.

And they intend getting away lots with 41 per cent saying they’ll take more than one holiday and one in 10 planning to jet off at least three times. Just over a quarter will spend more on their holidays but a third say they want to cut back.

Skyscanner asked 1,000 UK travellers about their holiday plans for next year and how they plan to manage the budget.

During 2013, two thirds of holidaymakers (66%) used their savings to pay for the holidays, with one in 10 putting money aside for their next trip as soon as they arrived home from the last. However, almost a quarter (24%) paid for their last holiday with a loan or credit card, while 3% admitted to borrowing money from friends or relatives.

The survey also showed that holidays are essential to many Britons, whether they can afford it or not. More than a third (36%) of sun-starved Brits said they would find a way to get away, no matter what.

Almost three quarters (74%) said they would consider travelling to non-Euro destinations on 2014 holidays in order to save money, while more than 80% are willing to give up other luxuries in order to enjoy their trips abroad.

A frugal 43% said they would give up eating out, with a quarter of people willing to cut out alcohol completely in order to save money for holidays. However, while Brits would be happy to give up their own luxuries, only 16% said they would save money by cutting out gifts for friends and family.

Skyscanner’s Mary Porter said: “The results of our survey show just how important holidays are to Brits.  While we expect Spain to be the number one destination for holidaymakers next year, it looks as though the weakening pound could see many more heading to non-euro destinations, where their money is likely to go further.”