Brits abroad spending more cash

22 May 2015 09:16

Britons are spending more on their overseas holidays, a study has found

Britons are spending more on their overseas holidays, a study has found

The number of Britons travelling abroad and the amount of cash they're spending while away is on the rise, new official figures show.

Last year saw just over 60 million overseas trips taken by Brits, 4.1% more than in 2013 and the highest total since 2003 - according to figures from the Office for National Statistics (ONS).

The trend suggests travel-related firms are enjoying a boost and that more people are taking out travel insurance policies.

Over £35 billion spent abroad

According to the ONS report Britons spent an average of 10.3 nights overseas last year with the typical stays in Europe, North America and Australia lasting eight, 14.3 and 33.9 nights respectively.

And the Brits abroad spent £35.5 billion while on their travels in 2014, 3% more than in 2013 and the highest total since 2008.

Spain still Brits' favourite

The most popular foreign destination for Britons is still Spain with 12.2 million visits in 2014, up 5.4% on the 2013 total. France, meanwhile, had 8.8 million visits from UK residents - 0.3% more than in 2013.

The report also includes figures for the number of people visiting Britain from other countries and shows there was a record total of 34.4 million last year, just over 5% more than the previous year.

London netted £11.4 billion

Of the 264.6 million nights spent in Britain by visitors from overseas last year a record 17.4 million of them were in London with £11.8 billion spent in the capital.

 

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