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Future of British Business

Brits Splurging on Winter Getaways Despite Inflation Surge

Tourists on Playa de Las Amaricas in Tenerife.

Tourists on Playa de Las Amaricas in Tenerife.

Photographer: Desiree Martin/AFP/Getty Images

Britons are spending more on holidays offering a dose of winter sunshine, even as households face the biggest squeeze on disposable incomes for 30 years. 

TUI AG, the world’s biggest tour operator, said Tuesday that UK bookings for the coming winter are running almost 10% ahead of pre-pandemic levels for the time of year, with customers paying slightly over a fifth more on average.