Released on: October 29, 2010, 5:35 am
Author: mycleveragency
Industry:
Travel
A survey by TravelSpec reveals that Brits are saving money this Christmas, but most will go over their holiday budget in Summer.
Brits are at the old saving game again this Christmas, with over 58% of people saying that they are canceling budget busting parties and extravagant presents for a more cost effective holiday season.
The poll findings – From a recent OnePoll.com survey commissioned by TravelSpec.com, a flight comparison website that supplies cheap flights to Miami, Flights to London, Flights to Chicago and cheap flights to Paris – revealed that the majority of Brits will be cutting back on the big budget Christmas celebrations this year.
These recent finding come as no surprise after the Government took drastic steps to try to decrease the UK’s massive debt. The cuts to the Department for Tourism and the Governments promise to raise domestic flight tax may explain why domestic flight traffic has dropped by 3%.
Due to the drop in British tourism the average cost of a British holiday has risen leaving Brits to pay through their noses for a holiday in their own country.
86% of Brits said that they would not give up their holiday in the sun. Even though brits are cutting costs, 94% of Brits will still go up to £500 over budget when they go on holiday. It is probably no surprise that Heathrow airport recorded its busiest September ever this year, proving that people are getting out of the country for at least a week.
Rafi Neumann, the Managing Director of TravelSpec had this to say about the Poll’s results, “In light of recent events and with the cost of Christmas going up each year, it’s no wonder that people are limiting their Christmas celebrations. Brits have wised up to the fact that Christmas equals unnecessary costs and are now looking for ways to save money.”
Brits are becoming more aware that they have to budget now more than ever, and instead of having some restraint on holiday, they would rather sacrifice a bit of luxury at Christmas.
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