CHARTED

Brits Cut Down on Longer Foreign Holidays, Booze Cruises

The traditional two-week vacation overseas is being replaced by shorter breaks

For U.K. holidaymakers, the traditional two-week break is in decline. While the number of Britons taking trips overseas jumped 68 percent between 1996 and 2016, vacations lasting a fortnight or more are being replaced by mini-breaks and week-long getaways, according to the Office for National Statistics. The “booze cruise” to pick up cheap wine, cigarettes and beer from French supermarkets has also fallen out of favor due to new tax rules and the pound’s decline against the euro.

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE