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Brits to use savings to fund travel plans over next 12 months, data finds

Economy
Will Payne
1 August 2023

Two-fifths (40%) of Brits will dip into their savings over the next year to fund their international travel plans, while a third will divert spend away from other areas to protect their holidays.

Changes to the current £2.50 flat rate will require parliamentary legislation

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The second edition of the Amadeus’ Consumer Travel Spend Priorities report found international travel was once again ranked by consumers as the highest discretionary spend priority from a basket of six categories.

Clients are expected to spend 28% more on travel over the next year, with UK consumers set to prioritise international travel well ahead of other areas.


More than four in 10 respondents (43%) said international travel was "a high priority" for 2022/23, more than twice as many as the next option (subscription services like Netflix at 19%), and rising to 47% for 2023/24.