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Home Business NewsBrits holiday half-term habits revealed

Brits holiday half-term habits revealed

by LLB staff reporter
24th May 24 8:39 am

As the RAC predicts the โ€˜busiest bank holiday getaway since the pandemicโ€™, with a record 20 million leisure car trips, Virgin Media O2 Business research reveals almost a third (29%) of Brits are travelling for UK-based holidays more now than pre-pandemic.

Insights from the Virgin Media O2 Business Movers Index reveal six in ten (59%) Brits are planning activities for the bank holiday, including visiting the seaside (25%), countryside (24%), and cities (20%). The most likely UK holiday destinations include Cornwall (19%), the Lake District (19%), London (18%) and Wales (19%).

The increase in UK holiday travel can be credited to Britsโ€™ desires to explore new destinations (35%), alongside flexible work arrangements allowing for additional holiday time (28%). It comes as 35% of Brits report travelling abroad less for holidays, with over half (55%) of those citing financial constraints as a factor and 33% increased expenses in other areas of life (e.g. housing and healthcare).

These domestic outings promise a much-needed boost for British businesses, with 60% anticipating a surge in activity during the bank holiday period. To encourage spending, 37% of businesses are rolling out special deals and discounts, while an additional 39% plan to host special events or activities in line with the bank holiday.

Diego Tedesco, Director of Commercial, Product, and Marketing at Virgin Media O2 Business, said, โ€œAs we approach the May bank holiday, our Virgin Media O2 Business Movers Index shows that only 7% of people will be holidaying abroad, with the majority of Brits opting for local activities in the UK.

“Following a period of reduced spending from the cost-of-living crisis, businesses are set to receive a much-needed boost, hopefully setting the stage for a successful summer ahead.โ€

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