Home Business News Many are rethinking holidays to avoid sweltering European summer heat and save money

Many are rethinking holidays to avoid sweltering European summer heat and save money

by LLB Finance Reporter
9th May 24 8:51 am

Just over one in three (35%) holidaymakers are rethinking their summer holidays to avoid the extreme heat in Southern Europe in July and August, and save money, according to a new Opinium survey of 1,000 holidaymakers, by Multitrip.com, a specialist travel insurance provider.

While most holidaymakers (63%) will take as many holidays this year as they usually do, saving money is top of minds for many with 60% planning to travel at off-peak times and almost a third (29%) having more UK staycations than holidays abroad to cut costs.

Another novel way to save money is to book a ‘surprise trip’, where they only discover the destination at the airport. One in five (20%) say they are thinking of doing a ‘surprise’ travel trip, rising to a third (32%) of 18–34-year-olds.

Holidays remain a top priority for the majority (56%), according to the survey, with just over half (52%) saying they are prioritising holidays over other luxuries even if budgets are tight.

Two fifths (41%) are also spending more on holidays than pre-pandemic, and more than a quarter (28%) often splash out on holiday perks, such as airport lounges and hotel room upgrades.

“Holidays remain a top priority for many. To protect your holiday investment, travel insurance is an absolute must. Travelling without insurance could leave you paying a hefty bill if something were to go wrong.

With medical costs rising globally, travel insurance is that added layer of peace of mind that all travellers need.” said Christian Bennett of Multitrip.com.

“We also urge holidaymakers to arrange their travel insurance as soon as they book. This is to ensure their holiday is covered from the outset,” he added.

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