Questor Insurance News


Brit’s turn to ‘save havens’ for holidays

British holidaymakers are not taking any risks when it comes to booking their getaways, as ‘safe haven’ destinations have seen a rapid rise in popularity.

Overall international departures are up by 11.4% across the last six months, according to ForwardKeys, a traveller intelligence analyst.

However while Spain, Portugal, Greece and Cyprus have seen bookings rise, countries targeted by terrorist attacks have seen bookings drop significantly.

Turkey is down by 30% while bookings to France also dropped by 15%, with Egypt, Tunisia and Turkey missing out on around 80,000 passengers when compared to a year previously.

Spain leads when it comes to short-haul bookings and accounts for a 47.8% market share, with growth up 14.6% year on year.

Around 16 million air reservations were analysed for the study, while the latest figures also incorporate data from GfK’s Leisure Travel Monitor.

The return to ‘safer’ destinations is hardly surprising, but it does indicate a willingness among holiday makers to visit places they know and trust.

Customers are also booking earlier than ever before as they look to secure the dream holiday of their choice.

A look at the bookings for the next six months details a 13% rise in passenger numbers as individuals look to take advantage of hotel and flight offers.

Bookings to Spain are up by 26% which represents more than two thirds of the added growth while Cyprus was up by 28%.

Greece and Portugal both noted a 25% hike in bookings while a 38% increase in ocean cruises completes the top five benefactors the passenger growth.

Of course long-haul destinations have also risen in popularity, with Iceland noting a 50% rise, followed by Canada and India at 20% and 17% respectively.

Bookings to the Caribbean were up by 8% while those to the US were just under 5%, despite America have one fifth of the total market share.

If you’re planning on travelling overseas in the coming year, be sure to organise your short haul or long haul travel insurance in advance.

Date Created: 05 December 2016

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