Millions plan 2014 holidays
New research from Sainsbury’s Bank Travel Insurance in the UK has revealed that 22.8 million (48 per cent) people are planning overseas holiday breaks during 2014, compared to 20.6 million (43 per cent) who are planning a holiday within the UK. On average, those planning on booking a holiday in 2014 say they will spend £836 on the main cost of their holiday alone, collectively spending over £37 billion.
Sainsbury’s Bank Travel Insurance is urging travellers to ensure they take enough time to choose the right insurance policy before jetting off on holiday, to have peace of mind that their trip is covered should anything happen. In addition, those people booking their holidays independently should check that their travel insurance policy protects them from potential disruptions such as the airline going out of business or strike action taking place.
Scott Gorman, head of Sainsbury’s Travel Insurance, commented: “It’s worth ensuring your policy has travel disruption cover as this will cover you for incidents such as airline failure or cancellations – without insurance in place, you may be left out of pocket.”
The findings reveal that holidaymakers intend to take a range of measures to reduce the cost of their vacations. One in four (24 per cent) will book their holiday independently, going directly to their chosen airline and accommodation providers in a bid to reduce costs. Another 15 per cent will stick to a strict budget whilst on holiday to keep costs down and 13 per cent will go somewhere in the UK, specifically to minimise outgoings. Another 13 per cent of holidaymakers will choose the most budget-friendly holiday they can find and eight per cent say they will book at the last minute in the hope of getting a good deal.