Reports from Travelsphere's chief executive, Ian Smith, say that “many of today's older travellers have time, money and internet at their fingertips”…
The older traveller now accounts for over half of holiday spending, with those aged 45-54 taking more holidays abroad than any other group. 28% of over 65's take at least two foreign holidays a year compared to only 19% of all British holidaymakers. Additionally, contrary to possible beliefs, those over 55 are more likely to book their entire holiday online compared to 57% of under 45's.
Despite the current economic climate, reports from Travelsphere say that those over 45 still consider holidays essential. Two thirds of over 55's see holidays as a necessary spend, compared to only half of 45-54 year olds and 45% of under 45's. Older travellers will continue to lead the tourism sector for the near future, as the UK's older population is growing at its most rapid rate, accounting for 17% of our population.