Staycation trend dies down as Brits travel abroad again, says TUI Travel

by Alister POOLE on May 12, 2010

TUI Travel revealed yesterday that ’staycations’ are no longer the most popular trend for British holidaymakers.

Despite the ongoing recession, Brits are steadily returning to travel abroad in search of the summer sun. Owner of First Choice and Thomson Holidays said the bounce back of travellers booking trips abroad led to a five per cent increase in UK outbound reservations between 14 March and 2 May.

EasyJet, the UK’s popular budget carrier, said that it had booked 47 per cent of all its summer seats. TUI chief executive Peter Long, echoed the happy news for the travel industry, saying the sector has seen strong recovery for summer holidays. He added that customers who forewent holidays last year are looking to go abroad this summer to make up for it. According to Mr Long, the ’staycation’ is finished.

All-inclusive holidays saw the biggest boost after the volcanic ash cloud chaos that turned most of the UK into turmoil in April. Egypt and Turkey are among the most popular non-Euro destinations, with many of the bookings for outside of Europe. Mr Long said that many would turn to package holidays in the wake of the ash chaos to feel better protected.

TUI posted 10 per cent rises in pre-tax losses for its winter period hitting £367million. The company’s shareholdings fell 10p to 249p.

EasyJet chief executive, Andy Harrison, however, refuted Mr Long’s statements, saying that package holidays had been in steady decline for years, and would not make a come-back any time soon. The airspace closures in April cost the budget carrier anywhere from  £50 million and £75 million.

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