Travellers’ summer plans ‘not affected by cost of living crisis’

Rising living costs are not stopping UK holidaymakers from going abroad this summer, according to a survey conducted by Holiday Extras.

The ancillaries specialist surveyed 1,000 people and found just 14% have considered changing their holiday plans this summer because of higher prices, with less than a third (31%) saying price was the most significant factor when choosing the location for their break.

MORE: Trade confident living costs will not derail summer holiday plans

Hugo London, Holiday Extras chief financial officer, warned travellers to check availability of add-ons such as car hire and to book early, and said choosing the right destination is “key” to making money go further.

He said: “Picking the right destination is key. The Turkish Lira is down two-thirds against the pound since 2019, so your money will stretch a lot further there than in the Eurozone.

“If your trip depends on hiring a car, make sure that you double check the prices before committing to flights. In locations such as the Balearic Islands, fleets were sold off during lockdown which has resulted in prices going through the roof which will bump up the cost of your trip overall.

“This year, more than ever, it’ll be important to book your holiday extras early and make sure you check all the options for the best deal.”

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