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 finds Business live – latest updates The UK’s cost of living squeeze means fewer people plan to ringfence money for holidays abroad next year, the travel industry has warned.

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 on Tuesday.

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