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Package bookings up by nearly 10% over Christmas and new year period

Operators
Ilaria Grasso Macola
19 February 2024

Package bookings grew strongly over the Christmas and new year period according to new analysis of consumer spending data.

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Travel is an industry staffed overwhelmingly by women, yet still predominantly led by men (Credit: iStock)

During the four weeks to 10 January, operators – including Tui, Virgin Holidays and Jet2holidays – recorded a 7% increase in transaction volumes compared with the same period during the 2022/23 festive season.

Elsewhere, airlines such as British Airways and Virgin Atlantic, have reported a 13% increase in spending as well as a 15% uptick in transaction volumes, while budget carriers recorded a 3% increase in spending a 2% hike in transaction volumes.