Generation Y leading the travel spending charge | The Insight Files | Scoop.it

A new survey has revealed the UK’s travel spending trends based on age. For the most part, 25-34-year-olds are the UK consumers who lead the way when it comes to holidaying abroad. According to the Winter 2015 Holiday Confidence Index report findings, approximately three in five (62%) of them intend to travel abroad in the coming year and almost as many (59%) will take two or more holidays overseas. Significantly more of them also expect to take longer holidays than they did in the past: 11% compared with 6% of 18-24-year-olds and 7% of people aged 55 and over. Not only are the 25-34-year-olds most likely to increase the amount they spend on booking their holiday, they also plan to take more travel money and spend more once they reach their destination. Find out more.