New research from AllClear Travel Insurance has revealed overseas holidays remain the one area of big-ticket spending that is most likely to survive widespread cost-of-living cuts this autumn.
The firm asked a sample of 2,000 adults how the strain on their finances would impact various areas of spending. Overseas travel came out as most resilient to the cost-of-living cutbacks, with 76% still intending to travel abroad this year.
Brits ‘refusing to give up holidays’ despite cost-of-living crisis
Government
Will Payne
11 November 2022
Despite continued economic uncertainty and the increasing cost-of-living forcing people to rein in on spending, one thing Brits are refusing to give up is their holiday plans, according to new data.
Not Just Travel consultant Ben Casey has had to recruit 'rapidly' to meet rising demand for luxury holidays
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