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New holiday bookings driving fresh economic recovery

Economy
Gary Noakes
13 July 2022

Buying holidays showed the largest growth among the consumer service sector in May, according to new figures from the Office for National Statistics (ONS). 

Package travel rules and Atol reform

(Credit: Aliko Sunawang / Unsplash)

Travel agency, tour operator and other reservation services and related activities increased by 11% compared with April.

The ONS said the industry was “the largest positive contributor” in a sector that includes rail transport, gambling, eating out and sports and recreation.


“Anecdotal evidence received from the Monthly Business Survey for Services suggested increased confidence in holiday booking following the end of Covid restrictions," said the ONS.


Overall, consumer-facing services as a whole saw a fall in demand.