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Published on Tuesday, December 31, 2019

Giving up booze could leave enough cash for a Caribbean holiday



Giving up booze as a New Year resolution could mean a couple would have enough money for a week-long Caribbean holiday.





A study carried out for foreign exchange company Caxton found the amount of cash saved by not drinking could be spent on luxury holidays.


Even people who gave up for just one month, for Dry January, could afford a short break.


After just five weeks without a drink, a couple could use the saved cash to go on a two-night stay in Amsterdam, a study for


Ten weeks of alcohol-free living could save the equivalent of five nights in the Algarve.


Giving up booze for a whole year could save enough money for a week-long all-inclusive stay in Montego Bay, Jamaica, over the winter break.


Researchers from moneycomms.co.uk, on behalf of Caxtons, worked out the savings, based on the average couple drinking eight pints of beer and one bottle of wine per week at a pub or bar.


They worked out that by giving up alcohol a couple would save up to £44 a week on average.


The research involved searching various travel websites earlier in December to see how far a couple's weekly savings could take them.


A couple, giving up alcohol for:

  • Five weeks could bag a two-night stay in Amsterdam including flights, costing £218
  • Seven weeks could result in a three-night stay in Prague at £305
  • 10 weeks could pay for a five-night stay in the Algarve (Praia da Rocha) at £435
  • 17 weeks could fund a £740 trip to Naples for seven nights
  • 23 weeks could save enough for a £1,001 all-inclusive seven-night holiday at Egypt's Red Sea
  • 33 weeks would be enough for a seven-night room-only stay in Barbados at £1,436
  • A full year (52 weeks) could buy a seven-night all-inclusive stay in Jamaica's Montego Bay at £2,263 - flying out in January 2021

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