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'Joy of travel' ensures agents withstand broader downturn in consumer spending in 2025

Economy
James Chapple
30 December 2025

Consumer spending on "experiences that bring them joy" ensured travel agents were insulated from the first downturn in consumer card spending for two years

Two women take a selfie with the sea in the background
(Credit: iStock / SolStock)

Barclays said consumers prioritised spending on things that brought them joy this year (Credit: iStock / SolStock)

According to Barclays, spending with travel agents went up in 2025 despite the uncertain economic outlook and challenging geopolitical climate, albeit at less than half the rate it did in 2024.

Consumers spent 3.2% more with travel agents in 2025 than they did in 2024, the bank's end of year Consumer Spend Report revealed. This is down from growth of +7.9% a year earlier.

However, spending with travel agents outpaced overall growth in consumer spending on travel in 2025 of 2.7%, which itself was down from +6.9% in 2024.