Brits Top Trip Spenders

Travel is the most popular way for Brits to spend disposable income a survey has found.

 Travel search site momondo.co.uk found a resounding 21% of a 1,000 Brits surveyed prefer to spend their spare cash on holidays. This was when given a choice between a selection of ways to splurge, including on home improvements (of which 10% opted), clothes (14%), health and well-being (6%), dining out (14%), cars (3%) and cultural events (7%).
And when it comes to splashing out, say on luxury or long haul trips, 10% of Brits plan to spend between £4,000 and £8,000, and 2% plan to spend more than £8,000 on their 2015 summer holiday.

Interestingly, 28% of Brits plan to spend between £1.601 and £4.000 on their annual summer holiday, 21% between £801 and £1.600, 19% between £401-£800 and a further 10% plan to spend under £400. Just 1% plan to spend under £80 and 9% weren’t sure how much they plan to spend.

When budgeting for a holiday however, 30% of Brits prefer to save money on their flight, leaving more to splash out on accommodation, dining and cultural experiences.

 
momondo’s travel tips for booking worldwide flights:

Book your trip 53 days in advance to get the cheapest tickets - and you can achieve average savings of 29 percent

Tickets are generally most expensive three days before departure

Evening departures between the hours of 6pm and midnight typically offer the cheapest fares

It is usually more expensive to fly in the afternoon

A Tuesday is generally the cheapest day to fly

Friday is routinely the most expensive day of the week to fly


Chinese have the biggest holiday budget followed by the Norwegians, out of whom one in three (30%) budgets 2,001 – 5,000 Euros for their summer holiday in 2015.

Does your budget go on holidays?