Hiscox: Despite Gloomy Economy, Britons Still Looking Forward to Travel [Manufacturing Close – Up]
| Proquest LLC |
Despite the gloomy economic outlook, Britons are still looking forward to their holidays with the majority (84 percent) planning to take a holiday this summer, according to a new survey on holiday habits carried out by specialist travel insurance provider
The survey found that it is no longer personal recommendations from family and friends that travellers turn to, but
Determination not to compromise on the year's holiday plans is revealed with 18 percent saying their holiday budget will continue to be the same as the previous year, while nearly one in five (19 percent) are cutting back on other expenses so that their holiday remains a priority. One in ten (10 percent) holidaymakers are actually planning a longer or more luxurious holiday this year to help combat work stress and 15 percent are planning to take more mini-breaks rather than a longer holiday.
The research shows that nearly two thirds (64 percent) see their holiday as a time to relax while 42 percent see it as a break 'from the real world'.
Going online for sunshine When it comes to researching holiday plans, the internet dominates with more than half of those who book online (51 percent) saying it has changed the type of holidays they go on, by enabling them; - to find better deals (63 percent) - to find it easier to find flights and hotels (60 percent) - to see reviews before booking (53 percent) - to tailor holiday arrangements to their needs (47 percent).
The research suggests the Internet is the most popular way to make a booking with 59 percent booking online directly with the hotel or tour operator or via travel aggregator sites. One in twenty (5 percent) are now researching their travel plans on their smartphones.
"Holiday makers are also becoming increasingly more aware of the options open to them with more than a third actively seeking the holiday with the most value and many willing to cut back in other areas so they can still pursue their holiday experiences, whether that's an all inclusive luxury beach resort, a city mini-break or an all-action activity holiday."
More information:
((Comments on this story may be sent to [email protected]))
| Copyright: | (c) 2012 ProQuest Information and Learning Company; All Rights Reserved. |
| Wordcount: | 426 |


Advisor News
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
- ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
- Why women must be more engaged in investing
More Advisor NewsAnnuity News
- Immediate Care Plan: A new solution for funding LTC
- Delaware Life Launches a New Bonus Fixed Index Annuity Built for Growth, Protection, and Flexibility
- LIMRA: Annuity sales set new quarterly record with $123.9B in Q2
- CANNEX names Gary Baker as its new CEO
- Corebridge adds options to its Power Series of indexed annuities
More Annuity NewsHealth/Employee Benefits News
- Studies from University of Washington Reveal New Findings on Hepatitis C Virus (Comparative Evaluation of State-Level Subscription-Based Payment Models for Hepatitis C Drugs): Liver Diseases and Conditions – Hepatitis C Virus
- Colorado House Candidate Manny Rutinel Sponsored Legislation Forcing Health Insurers To Cover Sex Changes For Kids
- Oregon regulators plan to trim health insurance rate hikes, but premiums are still set to rise
- New dashboard tracks Kansas Affordable Care Act enrollment by legislative district, county
- How the loss of Haitian TPS will affect medical care in South Florida
More Health/Employee Benefits NewsLife Insurance News
- Vincent Esparza CFP, CLU joins Wilde Wealth Management Group as Senior Wealth Advisor
- NCOIL summer meeting sets attendance record
- Mercer Advisors Unveils Second Generation of Aspen, its AI-Enabled Platform for Fiduciary Family Offices
- Lincoln Financial Announces Reinsurance Transaction with Talcott
- Paperclip Partners with National Life Group to expand Secure Data Exchange and Carrier Network for Distribution
More Life Insurance News