Barclays Travel Forum delegates on Thursday (9 May) heard that despite high rates of interest and inflation, regulatory changes and geopolitical shocks, travel had a strong 2023 with that post-Covid upward trajectory set continue in 2024 as well.
Rohan Kumar, Barclays head of client insight, told the forum that over the past 18 months there had been continuous growth in the travel space with spending going up due to Brits continuing to prioritise their holidays above all other areas of non-essential spending.