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Barclaycard sees positives despite August travel slump

Operators
Gary Noakes
7 September 2020

Barclaycard transactions for travel purchases slumped last month, new figures from the card provider show.

Barclays carries out a monthly survey of consumer purchasing

Sales from agents, airlines and other travel sectors fell 61% compared to August 2019. Barclaycard blamed travel restrictions and quarantine guidelines for continuing to impact the sector.

However, one hopeful sign for the leisure sector generally was that hotels, resorts and accommodation saw their smallest decline since lockdown began, at -19.1% year-on-year; an improvement on July which was down 29.9% as potential clients instead booked staycations during the school summer holidays. 

Another positive was that consumer spending overall grew 0.2% year on year in August, the first uplift since February 2020.