Monday, 12 May 2014

Two Thirds Of UK Holidaymakers Are Big Spenders



Despite spending time searching for great value cheap holidays, a poll has revealed that two thirds of brits overspend when they are on holiday. This article will explore this matter and give you tips on how to avoid ‘splashing the cash’ needlessly.

Report

The Post Office did some research and the result from the travel money report revealed that even though the average budget for a holiday is £552; many of us fall into the trap and end up spending 44% (£242) more. 

Why?

This trap is often fell into as on holiday we all tend to be more relaxed and if we believe the destination is good value, we will undoubtedly be more relaxed, meaning we are happy to hand over the cash. 

Should we avoid these places?

We are not saying to avoid these places but just be mindful about what you are actually paying for. Do you really need the fancy lilo that beats everyone else’s at the pool or will the cheaper version do? 

Buy water in bulk rather than as you go. In many abroad places water from the tap is undrinkable. Instead of buying water as you go, which can amount to a substantial amount, buy water in bulk that you can separate into a smaller bottle for the day. Following these handy tips can ensure cheap holidays stay cheap!

Poll

The results were; 87% of people who has already visited Turkey said it was good value for money, Spain and Greece came in as a close second at 83% and Portugal came in at 83%. So when scouting around for cheap holiday, make sure that you look into these locations, as you are bound to find yourself a great deal.
52% said that Dubai was good value for money after visiting whereas 62% who haven’t reckon the country is bad value for money. France and Italy did marginally better with 58% of those who had already been there rated it good value for money.

Even taking these results into account, the reality doesn’t always match up to perception, which raises the question; what do cheaper costs actually materialise into? 85% who haven’t yet made it over to Bulgaria said they think it would be good value for money, but only 52% reported that it was, once they have visited. In addition to this 10% holidaymakers said they wouldn’t return due to it being more expensive than expected.
This survey gives a good insight into the travel industry, however it is important to bear in mind that holidaymakers weren’t asked what quality or level of holiday they went on, nor were they quizzed on restaurants and tourist attractions they visited. It was carried out in April and gathered results from around 2, 085 over 18’s, 1, 833 of those surveyed had travelled overseas.

Interview

In interview Andrew Brown, who is a representative from Post Office Travel Money, said;

“Our new research shows the extent to which value is a determining factor in destination choice.  Holidaymakers can best arm themselves with information that will help them to make informed decisions about value by monitoring exchange rates to see where sterling has strengthened most this year…”
(http://www.traveldailymedia.com/207298/two-thirds-of-uk-holidaymakers-overspend/)
All inclusive

The best way to avoid going over budget is by opting to go all inclusive, as this way you pay for everything up front, including all drinks, meals and snacks. This way you know from day one how much you are going to spend and the only extra you will need is for presents!

So, are you itching to find great value cheap holidays? We don’t blame you, as summer is just around the corner and now is the best time to start looking! For a great value cheap holiday a discount centre and travel comparison website is your best option! 


(Photo courtesy of Active Kiddies)