Published on Thursday, April 17, 2008
A survey by Holiday Inn has revealed that three out of four couples over the age over 50 are planning four or more 'romantic breaks' this year, compared to one per year when they were in their forties.
Between the years 2005 to 2007 there was a 25% rise in the number of â€˜golden oldiesâ€™ heading off on weekend breaks.
The study of almost 4,000 Holiday Inn customers also showed that older couples now spend around Â£1,363 a year on domestic breaks.
Holiday Inn spokesman Chris Hale said: ''By 50 most people have paid off their mortgage, their kids have left home and all of a sudden they have enormous freedoms they haven't enjoyed for years.
''While people in their 30s and 40s are tied down with debts and family life, the over-50s are packing their bags and heading off for romantic weekends, with great big grins on their faces.
â€œThere's been a huge surge in the popularity of weekend leisure breaks in the UK. In 2006 just over half of us took a weekend break - last year this had shot to almost three quarters. And the over-50s are travelling and spending more than anyone else.
â€œAlthough they're keen on short city breaks across Europe, what they really love is driving a couple of hours from home, checking into one of our hotels and using it as a base camp to explore.''
By Bev Fearis
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.