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Agents continue to defy downturn in travel spending but dark clouds loom

Agents
James Chapple
14 October 2025

Travel agents are continuing to defy a broader downturn in travel and leisure spending, according to new data from Barclays, although research by the bank suggests this could yet stall.

Coins falling into a piggy bank
(Credit: iStock / Dilok Klaisataporn)

Barclays is confident consumers are becoming more resilient (Credit: iStock / Dilok Klaisataporn)

Spending with agents grew by 4.2% year-on-year in September according to Barclays latest Consumer Spend Report. This compares with a 2.6% year-on-year drop in essential spending and a 0.2% increase in non-essential spending.

Transaction growth with agents, meanwhile, ran to 18.1% – more than double the next highest sector, electronics, at 7.9%. Overall growth in essential transactions fell by 4.3% and in non-essential transactions by 0.8%.

The report covers spending in the period from 23 August to 26 September 2025 and draws comparison with spending from 24 August to 27 September 2024.