While spending across most sectors, including travel, is down on March 2019 levels, Barclaycard noted month-on-month increases in travel spending during the first-quarter of the year.
It comes after Barclaycard changed its measurement of consumer spending to compare it against the picture two years ago (March 2019) to reflect pre-pandemic spend.
In March, spend on hotels, resorts and accommodation was down 54.3% compared with March 2019. This is up from -75.4% in January and -70.3% in February.
