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Holidaymakers spreading cash over several trips

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UK “multi-trippers” are spreading their money over several holidays a year, rather than just splashing out on one trip, according to research from the Post Office.

With the average traveller taking 1.4 trips in 2006, research from Post Office travel services shows that people are cutting budgets so they can spread their money across extra holidays. Despite the growing increase in total spending overseas, the average spending budget for a week’s holiday has dropped five per cent from £303 in 2004 to £288 in 2006.

Kevin McAdam, head of travel and leisure at the Post Office, said: “Last-minute deals, budget airlines and the growth of independent travel mean low-cost holidays are more accessible than ever. Taking more holidays means your money has to go further so careful budgeting is essential.”

He added: “UK travellers can plan their holiday spending more effectively in a number of ways. For anyone travelling more than once per year, we recommend taking out an annual travel insurance policy, which can offer significant savings when compared to single trip policies.”

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