A May 2022 survey analyzed the impact of the rising cost of living on holidays by Britons. According to the study, 14 percent of respondents aged 45 to 54 stopped spending on vacations altogether due to higher living costs in the UK. Meanwhile, 11 percent of interviewed people aged 18 to 24 claimed to have reduced the amount spent on holidays by switching to cheaper alternatives.
Share of individuals who have cut back on holidays due to the cost of living in the United Kingdom (UK) as of May 2022, by age group
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YouGov. (May 23, 2022). Share of individuals who have cut back on holidays due to the cost of living in the United Kingdom (UK) as of May 2022, by age group [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1319283/britons-cutting-back-holidays-due-to-cost-of-living-by-age/
YouGov. "Share of individuals who have cut back on holidays due to the cost of living in the United Kingdom (UK) as of May 2022, by age group." Chart. May 23, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1319283/britons-cutting-back-holidays-due-to-cost-of-living-by-age/
YouGov. (2022). Share of individuals who have cut back on holidays due to the cost of living in the United Kingdom (UK) as of May 2022, by age group. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1319283/britons-cutting-back-holidays-due-to-cost-of-living-by-age/
YouGov. "Share of Individuals Who Have Cut Back on Holidays Due to The Cost of Living in The United Kingdom (Uk) as of May 2022, by Age Group." Statista, Statista Inc., 23 May 2022, https://www.statista.com/statistics/1319283/britons-cutting-back-holidays-due-to-cost-of-living-by-age/
YouGov, Share of individuals who have cut back on holidays due to the cost of living in the United Kingdom (UK) as of May 2022, by age group Statista, https://www.statista.com/statistics/1319283/britons-cutting-back-holidays-due-to-cost-of-living-by-age/ (last visited December 23, 2024)
Share of individuals who have cut back on holidays due to the cost of living in the United Kingdom (UK) as of May 2022, by age group [Graph], YouGov, May 23, 2022. [Online]. Available: https://www.statista.com/statistics/1319283/britons-cutting-back-holidays-due-to-cost-of-living-by-age/
