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21/03/2023 By : Kelly Ranson

Demand for foreign holidays is back to pre-pandemic levels, according to ABTA research

New figures from travel association ABTA has shown travel has bounced back to pre-pandemic levels, with many agents reporting record-braking sales.

It has now been a year since the UK Government lifted the UK’s covid travel restrictions, and according to ABTA’s finding, 62% of people have been on a foreign holiday since the lifting.

The new data also show that the demand for travel is now back in line with pre-pandemic levels and is a huge bounce back from the lows of 16% in 2021 when travel was at its most restricted.

ABTA’s latest data, which show two-thirds (65%) of people are planning to go on holiday abroad in the next 12 months, indicate that this demand is set to edge further upward, with more than a third (37%) of people having already booked a break.

ABTA says there has been a ‘freedom factor’ driving the return of travel. The survey suggests that, for the majority of people, holidays are the ‘non-essential’ item they want to prioritise this year, with 54% saying they’ll cut back on other non-essential costs so they can still afford to go on holiday4.
A strong travel and tourism sector is highly beneficial to the wider UK economy. ABTA research finds that international travel has the potential to lead the UK’s economic recovery, with the outbound sector expected to grow 15% by 2027, outperforming the wider UK economy.

Mark Tanzer, ABTA chief executive, said: “What a difference a year makes. One of the sectors hardest hit by the pandemic is now back, and in a big way, with demand for travel reaching pre-pandemic levels.

“Both our research and reports of strong booking levels from our members show that holidays remain a spending priority for the year ahead, despite the current squeeze on finances. On the whole, people are preferring to adapt their travel plans rather than scrap them entirely, primarily by going all-inclusive, booking early, or holidaying outside of busy periods.

“A clear focus for the sector will be to continue the recovery by building a more sustainable industry, ensuring people and communities gain the economic and social positives it brings while addressing environmental challenges. Government support in this area will be critical in helping with hard to tackle issues such as decarbonising aviation.”

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