'Fewer people planning foreign holiday in next year'


Fewer people are planning a foreign holiday in the next 12 months compared to this time last year, a survey has found.

Some 55% of respondents said they intended to take a trip abroad, down from 57% in 2014.

Of the people questioned, 35-to-44-year-olds were the category least likely to travel overseas, with three in 10 (30%) having already decided against a trip.

Consumers aged 25-34 are set to lead the way in holidaying abroad. Around three in five (62%) intend to head off with their passports in the next year, with almost as many (59%) saying they will take two or more overseas trips.

This is also the age group most likely to increase what they spend on booking their holiday (13% against an average of 10%) and the amount of travel money they take (11% against an average of 7%) compared to previous trips.

The holiday confidence index poll, of 5,319 UK adults, was commissioned by First Rate Exchange Services in association with the Institute of Travel and Tourism, the University of Wolverhampton and YouGov.

The research also showed that more then four fifths (82%) of people who travelled abroad in the past 12 months say they will do so again in the next year.

Alistair Rennie, head of strategy and innovation at First Rate, said: "Successive holiday confidence index reports have shown that there is a hard core of people intent on travelling abroad for their holidays.

"Those numbers have remained pretty consistent, indicating that a significant percentage of people have an unshakable resolve to take an overseas holiday."