Spend On Your Holiday

More than three quarters of people plan to spend at least as much as last year on their holiday in 2009 despite the recession, a new study shows.

The YouGov poll of more than 2,100 people, found that even during the credit crunch 78% of 45-54 year olds aim to spend as much if not more on their holiday this year. Nearly a third plan to spend more, while less than one in four (22%) expect to spend less, the research found.

But the poll also identified that cutting back on second holidays and short breaks was one way people are making sure they can afford a main break away. Asked what they would be prepared to spend less on to pay for a holiday, 29% picked second breaks. But almost half (49%) would go without designer clothes, latest gadgets (43%) or evenings out (43%).