Study finds Britons opt for staycations over heading for trips abroad

Published on : Thursday, May 23, 2019

Most of the Britons are opting for staycations this year over heading for trips abroad, a study by Barclays showed on Thursday, in a possible new blow for struggling tour operators. It is according to the survey of 2,006 domestic tourists found that 31% said they were likely to spend more time on holiday in the UK this year, compared to just 8% who said they would spend less time.

 

 

Thomas Cook issued its third profit warning in less than a year last week, saying weak demand had led to increased promotional activity and earlier discounting than usual. It has struggled to recover from a disastrous summer last year when a heatwave in northern Europe – including Britain – dissuaded would-be travellers from booking lucrative last-minute deals, with many Britons instead opting to enjoy the sun while staying closer to home.

 

 

Thomas Cook and airlines such as easyJet have said that uncertainty around Britain’s decision to leave the European Union has contributed to a tougher environment. The survey said that 18% of cited concern over the impact that Brexit could have on foreign travel and family finances when opting for a staycation.

 

 

However, the main reasons for staycations were convenience, at 34%, and nostalgia, with 21% saying they wanted to visit places they have been before. Over half of businesses surveyed also said that they had seen an increase in domestic tourism since 2017.

 

 

Out of 528, most of the UK hospitality and leisure businesses, 55% had seen an increase in demand, while two in five said that bookings were being made further in advance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

@Reuters

 

 


(No Like Yet)

Related Posts

Tags: , , ,

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 01 WTM London 2020
  • 06 ITB Asia 2020
  • 12 ITE Hong Kong 2020
  • 13 IMEX 20
  • 16 FHC 2020
  • 16 G&A 2020
  • 16 ITB asia 2020
  • 16 TAAPE 2020
  • 17 AAA-banner 2020
  • 18 WCTIE 2020
  • 20 GWS-2020
  • 23 emitt 21
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. Travel forward online

      July 14 @ 9:00 AM - July 28 @ 12:00 PM
    2. DRT SHOW SHANGHAI

      July 17 - July 19
    3. SHANGHAI WORLD TRAVEL FAIR (SWTF)

      July 30 - August 2
    4. IT&CM CHINA 2020

      August 3 - August 5
    5. Asia Amusement & Attractions Expo 2020

      August 4 - August 6
Get our toolbar!
Review www.travelandtourworld.com on alexa.com