Booking a Holiday in the New Year
More people are booking holidays in the early period of 2011 than they have done previously new research shows.
This is following the disappointment many experienced over Christmas with flight cancellations due to the cold weather.
If you are eager to give yourself a break to look forward to early on in the year make sure you budget accordingly and find out how a prepaid travel card could help.
According to Sainsbury’s Travel Insurance there is a 50 percent increase in the number of people booking holidays between now and the end of February 2011.
The figures show 13.4 million people plan on purchasing a holiday during this period, up from 8.9 million last year.
“A lot of people will be fed up with the winter snow and travel delays or cancellations they have had to endure in 2010, particularly over Christmas,” said Scott Gorman, Sainsbury’s Travel Insurance Manager.
Of these people intending on purchasing a holiday they predict the average spend will be £826.81 each, which is one percent down from last year and six percent down from two years ago.
With more people booking getaways however the collective spend should break £11 billion, which is a significant 49 percent increase on last year.
Prepaid Travel Cards
The research revealed 45 percent of these early bookers intend on purchasing a holiday in Europe with the second most popular destination being the UK with 29 percent.
A further six percent will book somewhere in the US while around five percent will opt for a holiday in Asia, and four percent in the Caribbean.
A prepaid travel card is a safe and easy way of carrying your holiday money abroad. It prevents you from overspending as you can only use the funds you loaded onto the card, and it saves you from changing travellers’ cheques or keeping a wad of cash on you at all times.