More Brits determined to take overseas holidays even though confidence in the UK economy is at an 18-month low
Holiday confidence is at its highest level for three years, according to the latest Holiday Confidence Index report. A higher proportion of British citizens plan to travel abroad in the next 12 months despite a sharp fall in confidence in the UK economy leading to the a two point rise in the 2017 index to 50. Created by First Rate in association with the Institute of Travel and Tourism and YouGov, the report is published annually. It provides individual measures of holiday intent, planned frequency, duration and associated spending which is combined to produce an overall index of consumer ‘holiday confidence’ for the coming 12 month period.