Holiday makers are being advised to book their trips abroad as early as possible in order to find the best deal. Recent research suggests that a week long holiday costs a single person around £500, a couple £800 and a family of four £1,200. The study by sunshine.co.uk also shows that people will spend around six months saving for their week away.
Co-founder of the website, Chris Clarkson, said the spending money that people take away with them is often just as much as they have already spent on accommodation and flights. He recommends that for a decent quality of life while visiting another country people should budget to spend around £50 per day.
According to the survey, more than two thirds of those who responded admitted that they had not managed to save as much as they would like before booking their trip abroad. The top five things people spend their cash on while on holiday were food and drink, activities and excursions, clothes, gifts and souvenirs and taxis.
Clarkson added that even people who had booked a package deal tended to spend money on drink and food as they want to get away from the restaurants and bars in the hotels.
He added that an all-inclusive deal was a great way to save cash if people took advantage of the drink and food on offer and did not go out all the time.