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Holiday spending to defy cost-of-living crisis – poll

James Chapple
18 May 2022

Consumer spending on holidays and travel looks set to defy the cost-of-living crisis, new research suggests.

(Credit: iStock)

Fewer than half of the respondents (46%) to a new poll by Advertising Week Europe said they would cut back on holidays and travel, despite nearly 40% revealing their energy bills had gone up by between 50% and 75%.


The Press Association reports respondents were more likely to look to save money by reducing their spending on eating out and takeaways (69%) and clothing (60%).


The poll of 2,000 people across the UK was conducted by Lucid, and found two-thirds of respondents had already started to adjust their lifestyle as a result of the cost-of-living squeeze.