Travel site momondo recently carried out a survey of Brits’ travel spending habits for 2017.
It revealed 47% of them set money aside regularly to be spent on holidays, 18% pay for a trip in instalments, 15% save by making regular contributions to a fund shared with friends or family, 13% sell things (e.g. at flea markets or online), 7% take an extra job in the lead up to the holiday, 6% borrow from a bank, 4% borrow from friends or family and 3% let out their home while away to save.
”Our survey shows traveling is of the upmost importance to Brits, who habitually stockpile cash, sell unwanted items and even take on extra jobs, in order to regularly get away. To us, this shows Brits understand a holiday relaxes you in a different way when you take it abroad, far, far away from the daily grind,” says Neil James Cartwright, spokesperson for momondo.
Once money is saved, destination chosen and time booked off, momondo next asked what Brits prefer to save money on in connection with their holidays.
While one in five don’t worry about how expensive or inexpensive the holiday is, 29% prefer to save some money on accommodation, and 27% look to save on flights.
Cartwright said: “The above stats show us how important the annual break is to Brits, even though many will look to select cheaper options when possible.”
The above statistics were based on momondo’s global travel survey, which in 2017 covered travel habits across 23,149 people, including 1030 Brits.
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