Advertisement
Canada markets closed
  • S&P/TSX

    24,439.08
    -32.09 (-0.13%)
     
  • S&P 500

    5,815.26
    -44.59 (-0.76%)
     
  • DOW

    42,740.42
    -324.80 (-0.75%)
     
  • CAD/USD

    0.7257
    -0.0004 (-0.06%)
     
  • CRUDE OIL

    71.08
    +0.50 (+0.71%)
     
  • Bitcoin CAD

    92,344.60
    +1,317.42 (+1.45%)
     
  • XRP CAD

    0.75
    -0.01 (-1.17%)
     
  • GOLD FUTURES

    2,677.90
    -1.00 (-0.04%)
     
  • RUSSELL 2000

    2,249.82
    +1.18 (+0.05%)
     
  • 10-Yr Bond

    4.0380
    -0.0600 (-1.46%)
     
  • NASDAQ futures

    20,359.75
    +17.75 (+0.09%)
     
  • VOLATILITY

    20.64
    +0.94 (+4.77%)
     
  • FTSE

    8,249.28
    -43.38 (-0.52%)
     
  • NIKKEI 225

    39,910.55
    +304.75 (+0.77%)
     
  • CAD/EUR

    0.6664
    +0.0001 (+0.02%)
     

Third of people ‘planning an overseas holiday plus a staycation this summer’

One in three (33%) people is planning both an overseas holiday and a UK-based staycation this summer, a survey has found.

Holidaymakers expect to spend £2,804 across the summer on international trips, according to the research for American Express.

Nearly two-fifths (39%) are planning to spend more on overseas holidays this summer than last year.

Meanwhile, 39% of those going abroad over the summer plan to make at least two international trips before the end of September.

People taking staycations expect to spend £1,754 on average across all their UK-based holidays this summer and one third (33%) are planning to spend more on domestic holidays this summer compared with last.

  • Overseas holidays - £2,804

  • Staycations - £1,754

Younger holidaymakers are particularly likely to be exploring domestic tourist spots, with 63% of 18 to 34-year-olds planning a staycation this summer.

The research also indicated that city breaks are popular with holidaymakers planning a staycation, with London, Manchester and Edinburgh being popular locations that people are keen to explore.

More generally, Wales, Cornwall, the Lake District and Devon were also commonly mentioned by people planning a staycation.

Cardiff Bay
A view of Cardiff Bay. Wales is a popular destination among people planning a staycation, according to American Express (Geoff Caddick/PA)

Word-of-mouth recommendations have also inspired some UK-based holidays, with 41% of people saying they are influenced by family and friends and 32% considering online reviews.

The local weather was also found to be a factor when people are planning staycations, with 31% saying they are influenced by this.

Two-fifths (39%) of under-35s meanwhile said social media influences them when choosing a staycation, according to the Opinium survey of 2,000 people across the UK.