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Prepare your budgets: This is the largest expense while traveling abroad

Whether they’re travelling domestically or internationally, both U.K. and U.S. respondents love the same thing about going on holiday: the experiences.

Holidaycottages.co.uk recently surveyed over 1,000 people from the U.S. and the U.K. to better understand how people are financing their travel.

Some findings from the full study:

  • Outside of flights and lodging, nearly half of respondents said their largest expense was food – beating out excursions and transportation
  • Credit is still king in America, with 62% of people using their card to finance their trips. U.K. residents largely prefer to draw from their current balance, with 67% using debit cards
  • Nearly 70% of U.K. respondents and 42% of U.S. respondents have never used travel rewards points
News Editor - TravelDailyNews Media Network | + Posts

Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.

She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.

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