Holidays

Consumer spending on travel is down for the first time in five years while card spending edges up in MarchUK consumers have cut back on travel spending for the first time in five years, as they worry about the rising cost of living amid the Iran war.Overall consumer card spending increased 0.9% year on year in March, down from February’s 1%, according to data from Barclays. Continue reading...

Summer holidaymakers opting for ‘more familiar, easy-to-reach locations’ as travel industry counts cost of Middle East conflictHolidaymakers who had planned to visit the eastern Mediterranean this summer are moving their trips to the west and the Caribbean because of the US-Israel war on Iran, travel companies have said.Travellers from the UK and mainland Europe are increasingly swapping their holiday destinations away from Cyprus, Turkey and Greece towards Italy, Spain, Malta and Croatia, as the region around the Middle East grapples with flight cancellations and airspace closures. Continue reading...