Agents are weighing up the potential impact on 2022 bookings of impending energy price hikes following Thursday’s double cost-of-living whammy to consumers.
A rise in energy bills and increase in the mortgage interest rate, combined with soaring inflation, have been described as the worst hit to real incomes since records began in 1990.
However, an Abta spokesperson predicted this would not affect spend on holidays. “After two years of severely restricted overseas travel, there is massive pent-up demand for foreign holidays,” they said.
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