Half of Irish people say they haven't had any sort of a holiday in the last 2 and a half years.
According to a new survey by Aviva, 70 per cent plan to take a break this year.
18-24 year olds are most likely to head away at 94 per cent, followed by those aged over 55 at 73 per cent.
The remaining 49 per cent say they were reluctant to book a trip overseas for reasons associated with covid.
Speaking of the findings, Billy Shannon, Aviva commented:
“Our indigenous travel sector has taken a battering over the last two years, perhaps surpassed only by the hit taken by the airline industry. So, it’s great to see that a huge number of people (75%) are planning to make up for lost time in the travel department this year and that 31% are going to do both overseas holidays and staycations".
He adds:
“People are gaining confidence in travel again, which is not just great for the individuals themselves, but also this positive consumer sentiment is very much needed for the hospitality and airline sectors – and the people who work in them.”
The nationwide survey also revealed that 8 in 10 people believe holidays overseas are better value, with those in the 18 – 24 years age bracket being most likely to favour overseas holidays when it comes to value at 89%.
Billy Shannon continued:
“Unfortunately, Ireland is experiencing huge inflationary pressures, the impact of which can be heard loud and clear in the survey responses, with the vast majority of respondents believing that there is better value to be had overseas although most countries are not immune to inflationary pressures.