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UK holiday demand may have peaked amid cost of living squeeze, says travel industry

Spain remains most popular destination as Britons book later in hope of better deals, Abta report findsBusiness live – latest updatesThe UK’s cost of living squeeze means fewer people plan to ringfence money for holiday abroad next year, the travel…

This article was originally published by The Guardian World and is republished here under license.

Spain remains most popular destination as Britons book later in hope of better deals, Abta report finds

The UK’s cost of living squeeze means fewer people plan to ringfence money for holiday abroad next year, the travel industry warned on Tuesday.

Despite war, wildfires and EES border checks, the numbers of Britons taking holidays climbed back to pre-pandemic levels this year – but rising costs may mean the numbers have peaked, according to an annual travel industry report.

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