This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

The Travolution Of Man (and Woman)

CHESTER, England, February 4, 2013 /PRNewswire/ --

 

TravelSupermarket reveals how age influences the British holidaymaker

New research from TravelSupermarket has found average holiday budgets differ by up to £280 per person depending on their age as Brits' holiday requirements change throughout their adult life.

Those over 50 like to splash the most cash on comfortable travel and accommodation peaking in the 60 - 69 age group at £794 per person, plus £454 on spending money (£1,248 total). This compares to those aged 18 - 29 who fit the stereotype of 'holidaying on a shoestring' with an average spend of £540, plus £428 on spends (£968 total).

The research also found, surprisingly, that holidaymakers in their fifties are more experimental with their destination choices than young adults, and you're more likely to find someone in their forties on a camping holiday than any other generation.

According to the extensive study of 5,000 British holidaymakers, here's what the average main holiday for 2013 will look like for each age group:

18 - 29 - The adventure seekers

  • At this age holidaymakers are the most likely to go on an active break (15 per cent) such as skiing and mountain biking
  • They're the least likely to stay in the UK and most likely to visit Asia
  • When deciding where to go, they're keen to try something new (18 per cent) and are the most likely to be influenced by the destination's culture (18 per cent) and the activities available (18 per cent)
  • They are far more likely to go away with their friends (29 per cent) and their parents (19 per cent) compared to other adults
  • With money in short supply, this generation will spend an average of 8.44 days on 2013's main holiday, budgeting the least for travel and accommodation (£540) and spending money (£428)

Bob Atkinson, TravelSupermarket's travel expert, comments:  "These adventure seekers, or as I like to call them, the 'discovery generation,' are looking for more than rest and relaxation. They want more active breaks that let them experience the world. Trips to Thailand and Mexico would suit this age group perfectly."

30 - 39 - The family facilitators

  • Almost a quarter (24 per cent) will choose a destination because it is a perfect place for a family holiday - they're also more likely to make this decision based on the price and least likely to be influenced by the weather compared to other ages
  • Family members, be it older or younger, prove to be popular travel partners - 47 per cent intend to go away with their children this year and 10 per cent will go with their parents
  • Those in their thirties are the most likely to choose an all-inclusive holiday compared to any other age group
  • While this age are most likely to be tempted by spa breaks (five per cent) more family friendly alternatives, such as beach (37 per cent) and villa holidays (18 per cent) are preferable
  • For this group, the average length of 2013's main holiday will be 8.70 days, where they will spend £585 on travel and accommodation and a further £452 in spending money per person

Bob Atkinson comments:    " Many people in this age group will be planning for family trips. All-inclusive and package holidays make it easier for families to budget for their break, and keep everyone happy. Menorca and the Algarve are some great family destinations that won ' t break the bank. "

40 - 49 - Typical travellers

  • Families continue to be central to this group's holiday planning - they are most likely to go away with their children (49 per cent) and are starting to go away with their grandchildren as well (two per cent)
  • When heading abroad this year, the typical holiday most closely mirrors the average British getaway, with this group choosing beach holidays (39 per cent) in Spain (12 per cent) staying in self-catered accommodation (34 per cent) departing during August (23 per cent) reflecting the time of school holidays
  • Camping and caravan based holidays (16 per cent) are most popular with holidaymakers of this age
  • Holidaymakers in their forties are more likely to take more shorter breaks, in addition to their main holiday, than younger generations, while the length of their main holiday (9.2 days) and associated spend (£580 on travel and accommodation and £449 on spending money per person) will also be greater

Bob Atkinson comments:    " At this age, a lot of holidaymakers will still be heading abroad with their families. Typical family breaks, such as beach holidays in  Spain   will be fun for everyone, but for those looking to go on shorter breaks too  France and Italy   are also worth a visit. "

50 - 59 - Experimental excursionists  

  • Those in their fifties are the most likely to go on a city break (31 per cent) and try out other, less typical holiday destinations like Turkey
  • As their children start to leave the home, they can afford to be more flexible with departure dates to avoid school holidays - 53 per cent will chose to take their main holiday between May and August
  • And with less family considerations, this age group becomes more experimental with their holiday choices. Their board and destinations choices are far more varied, however, the destination's accommodation is a key influence when deciding where to go (32 per cent)
  • At this age, the average length of 2013's main holiday will be 9.82 days, where they will spend £709 on travel and accommodation and a further £486 spending money per person

Bob Atkinson comments:    " People in their fifties want to try something different and experience new cultures and destinations. A city break in  Istanbul   or Marrakech is an ideal holiday for this generation  -  these vibrant cities offer a whole host of exciting places to visit and enjoy. "   

60 - 69 - Sightseeing big spenders

  • With time and money on their hands, the look of the 2013's average main break for this age group will be the longest (11.15 days on average) and most expensive (£794 for travel and accommodation and £454 spending money) of all the age groups
  • Rather than travelling with them, this demographic is as likely to visit their family for their holiday as they are to hit the beach (32 per cent)
  • Compared to the younger age groups, price is the least influential factor when deciding where to go (35 per cent) while sightseeing opportunities have the most sway of those in their sixties (31 per cent)
  • They are also the generation most likely to take multiple main holidays

Bob Atkinson comments:    " With a bit more money and time on their hands, this age group can afford to go a little further afield for their main break. The  USA   and  Australia   offer some excellent sightseeing opportunities which are sure to be popular. "

70+ - Gallivanting grandparents  

  • By their seventies, the beach is out of favour and holidaymakers prefer to spend their trips visiting family (30 per cent) or on a city break (23 per cent)
  • While cruises are popular among this age group, holidaymakers still like to stay close to home, with Spain (seven per cent) remaining a favourite destination choice. They are also the most likely to holiday in France
  • The safety and security of a destination is most likely to be considered, compared to other age groups, when deciding where to go
  • For this group, the average length of 2013's main holiday will be 10.3 days, where they will spend £703 on travel and accommodation and a further £367 in spending money per person

Bob Atkinson comments:    " Safety and security is front of mind for the over seventies and their holiday itineraries will be somewhat more relaxed. Cruises around the Mediterranean, Baltic or the  Caribbean   for example are an ideal option for those who want to travel in comfort and style. "

Bob Atkinson concludes: "Each of us look for something different from our holidays. While some are juggling family commitments, tight budgets or school timetables, others are looking to make the most of their free time after retirement. Thankfully, there are lots of options available to us. My advice is to do plenty of research into holidays that will suit your own needs and to use a price comparison website to help decide where you want to go as well as ensuring you get the best deal for your budget."

-ENDS-

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,678.23 -40.31 -0.23%
S&P 500 2,056.15 -4.90 -0.24%
NASDAQ 4,863.3620 -13.1570 -0.27%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs