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24 June 2011 09:48
Britons spent more than £9.8 billion during overseas holidays last year, a survey has found
Britons spent nearly 18% more money during their overseas holidays in 2010 and many expect their expenditure to be even higher this year.
A survey by Visa Europe revealed that its UK visa card holders spent over £9.8 billion on overseas trips last year and one in four anticipate their trip this time will cost them more.
Most of those polled fear spending more money this year due to inflationary pressures, while others are concerned about high living costs and rising flight fuel taxes denting their wallets.
The top expense for holidaymakers last year was accommodation, accounting for £1.3 billion, while leisure activities cost them £693 million, the poll found.
Britons also forked out £178 each on eating out, £97 on drinks, £80 on activities and £74 on organised excursions during their 2010 break.
Travellers planning foreign trips this year must ensure they have an adequate travel insurance policy before embarking on their journeys.
Out of the 1,071 adults questioned, a mere 38% planning foreign breaks this year said they expected spending to increase because they plan to go to a more expensive location.
Two in five said they intend to set all worries aside and look forward to having a nice time on their breaks. Just 8% expect they will be thinking about work and only 5% will use the time as an excuse to plan a career switch.
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