Sponsored By:
MyVoucherCodes is giving away up to £100,000 worth of prizes before Christmas in the daily prize giveaway!
In the Press
We are very proud to have been featured by many of the UK's media.
Visit our press room
Featured Retailers
Hot Retailers
Featured Discount Codes
Hot Voucher Codes
News > Brits 'spend £34bn on holidays each year'
Published: 18/01/2008 | Categories: 'Shopping News', 'Travel and Holidays'
Some £34.4 billion is spent every year by Brits on holidays abroad, new research has discovered.
With the popularity of online travel agents and budget airlines, it is now more convenient for many to make a last-minute booking or grab a bargain trip at any time of year.
Alliance & Leicester (A&L) Personal Loans revealed the results of a survey that found £34.4 billion was spent annually on holidays and £23.3 billion was shelled out while on the actual getaway.
The most money spent per visit was in Australia, where the average length of stay is 45 days and people pay £2,030 per person while there.
However, while long-haul destinations may appear more expensive, it was found that the highest amount spent per person per day was Iceland, at £118.
Richard Al-Dabbagh, manager of personal loans at A&L, said although costs for family holidays can be "substantial", they should be a time of enjoyment.
Would-be holidaymakers may find searching for special offers online could help them save money when jetting off for a break.
Send this article to your friends
Related Articles
- Shoppers turn out in their thousands for Boxi
- Christmas Day sees 3.57m hit online sales
- How to strike gold at the January sales
- Tips for "savvy shoppers"
- Gifts 'the most popular choice for online sho
- US PS3 sales top 1.2m in holiday shopping sea
- Recreate Kimberly's fashionable look
- Online eco-store named top for 2007
- Advice for credit card spending
- Credit card spending 'planned for 2008'
