A new study from the UK’s leading discount website has found out that just under a fifth of Britons, 18%, have already booked their holiday for 2014; with just under a third explaining they had done so to avoid ‘spending the money on something else’.
In a bid to discover more about the travel habits of Britons, the UK’s leading discount website has conducted a study to find out more about how people organise and prepare themselves financially for their holiday plans.
The study, conducted by www.MyVoucherCodes.co.uk, polled 1,378 men and women aged 18 over and initially asked them “Are you planning on going on holiday in 2014?”, to which the majority, 86%, said ‘yes’.
The respondents who said that they were already planning to go on holiday in 2014 were then asked if they had already booked their holiday for that year, to which just under a fifth, 18%, said that they had.
These respondents were then asked to explain the main reasons why they had decided to book their holiday so far in advance. The majority of the respondents, 38%, admitted that they had done so to save money as it was ‘cheaper to book earlier;’ whilst just under a fifth, 19%, stated that they were not planning on going on holiday in 2013, and wanted to make the most of it in 2014.
A further third, 32%, claimed that they had done so in order ‘avoid spending the money on something else’; whilst one in ten, 9%, stated that they always booking their holidays ‘at least a year in advance’.
The results of the study also found out that the majority, 53%, of respondents who had already booked their holiday as it was ‘cheaper to book earlier’, had at least one child. In contrast, the majority, 63%,of the respondents who claimed to do so in order to avoid spending the money on something else had no children.
Furthermore, just over half, 57%, of those who had booked their 2014 holidays had already started saving towards their spending money.
Mark Pearson, chairman of MyVoucherCodes.co.uk, commented on the findings:
“Planning a holiday is a big financial commitment and I’m not surprised to see that many people have already booked their holidays for 2014. Planning early can get the biggest expense out of the way, which gives you a lot more time to save for your spending money. Early deals are always worth looking out for too, as you can often bag yourself some real bargains by planning ahead. Whilst it may seem silly to consider booking something so far in advance, it helps you spread the cost of what can be a really big financial hit, and you’ll thank yourself nearer the time!”