Holidays still a ‘must do’
Holidays are still a ‘must do’ despite Britons being cautious about spending.
But only for those employed and confident about keeping their job, according to the latest Deloitte Consumer Tracker.
Nearly a third of consumers are still spending less on short breaks and eating out despite feeling the most optimistic about disposable income for two years.
The tracker found 31% of consumers spent less on eating out and short hotel breaks, while 15% spent more, than the same time last year.
While when it came to booking holidays in the first quarter of 2013, 21% of consumers spent less and 13% more.
Deloitte said this is identical to the previous quarter and a 3% improvement on the same time last year when 24% said they had spent less.
Graham Pickett, head of travel, hospitality and leisure at Deloitte, said: "This year is expected to be the most traditional for a while for the travel sector.
"Indeed, the sector has reported a rise in bookings in the outbound travel market during January and February, a likely result of the prolonged cold spell.
"Generally, consumers are reducing the number and length of the holidays they plan to take. But, if they are in employment, they are taking that break.
"Their concerns around currency worries are influencing the type of holiday they’re purchasing with travel operators reporting a rise in the take-up of fixed price all inclusive packages."
Diane
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