Tourism Increases

According to the annual ‘UK Tourism Dynamics report’ issued by Barclays Bank, “by 2017 total expenditure by domestic and overseas tourists in the UK is expected to increase by 27% to just over £135.5bn”. This marks a pivotal point for the tourism industry, with more disposable income being spent on holidays and a sign that the economy is ever improving.

Alex Francis, CEO of loveholidays.com, the UK’s leading online travel agent, says: “Although staycations are increasingly popular, we have seen an alternative trend over the last three years, with the amount of overseas bookings UK consumers are making. 

“We are not predicting a decline in staycation popularity, however we feel the recession has placed domestic travel on the map as a more accepted holiday choice, consequently impacting on UK decision making..”

Alex continues by saying “according to ABTA’s 2014 Travel Trend Report, nearly 1 in 5 consumers anticipate they will spend more on their holidays in 2014, another encouraging sign that the travel industry is picking up and will continue to grow over the coming years.”

To continue encouraging customers to book holidays, loveholidays.com offers their customers a number of unique functions which set them apart from their competitors, specifically their interest free payment plans, allowing their customers to spread the cost of their holiday over a number of months.