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Spending On Flights And Hospitality Sector Services Reportedly Increased In May

Published on Jun 8 2021 9:29 AM in General Industry tagged: Featured Post / pubs / restaurants / hotels / ITIC / BWG Foods / bars / Irish Tourism Industry Confederation / Revolut

Spending On Flights And Hospitality Sector Services Reportedly Increased In May

Spending on flights and hospitality sector services reportedly increased in May.

As reported by The Irish Independent, according to the latest spending report by digital payments platform Revolut, airline tickets expenditure by Revolut customers increased by 192% in May from April, with individuals over the age of 55 spending even more on flights, which Revolut said suggests that more older people who have been vaccinated are planning to travel overseas, while younger individuals who will not be vaccinated for some time are spending on domestic travel instead.

Overall spending on flights in May was reportedly still less than half of what it was in February of 2020 just before the COVID-19 pandemic began.

According to Revolut's latest spending report, there was also an increase in spending on hotels in May, which was reportedly driven by younger age groups, with spending on hotels by individuals aged 18 to 24 reportedly increasing by 118% month-on-month and the 35 to 44 age group being the age group for which the second highest increase in spending on hotels was recorded.

According to The Irish Times, Revolut customers spent 91% more overall on hotels in May than they did in April.

Also according to The Irish Times, Revolut customers spent 57% more in bars in May than they did in April, with the increase in spending in bars being driven by individuals aged 18 to 24 purchasing takeaway pints. The increase in spending in bars among that age group was reportedly three times higher than it was among individuals aged 35 and older.

Meanwhile, there was a 30% increase in spending in restaurants by Revolut customers aged 18 to 24 last month, and an increase of between 11% and 19% by older Revolut customers, according to The Irish Times.

Revolut reportedly has 1.3 million customers in Ireland.

Reduced Rates And Free Upgrades

According to The Irish Independent, reduced rates and free upgrades are expected at some Irish hotels because up to 90% of hotel rooms reportedly were vacant in some counties ahead of the reopening of the sector on June 2.

Also according to The Irish Independent, Irish Tourism Industry Confederation (ITIC) chairperson Ruth Andrews said that even by ITIC's most optimistic modelling scenario, tourist numbers might not reach pre-pandemic levels before 2026.

BWG Foods Staycation Survey

According to retail and wholesale group BWG Foods, a nationwide survey carried out on behalf of the group indicates that Irish staycationers are expected to spend an average of €1,375 per trip this summer.

BWG Foods stated, "In what will be a welcome boost to the hospitality sector, Irish staycationers are expected to spend an average of €1,375 per trip this summer, according to a nationwide survey carried out on behalf of leading retail and wholesale group, BWG Foods.

"After months of being restricted to their 5km, Irish people are ready to jet set around the country this summer, with 49% of adults planning to enjoy a staycation, according to new research on behalf of leading retail and wholesale group, BWG Foods.

"The nationwide survey carried out among a representative sample of 1,000 Irish consumers by Empathy Research has highlighted the importance of staycations to the local economy, with Kerry (24%), Cork (20%) and Galway (20%) selected as go-to destinations for the majority this summer. Local scenery (51%), proximity to the coast and beaches (48%) and good restaurant/café options (45%) are deemed to be the most influential aspects on the decision of where to choose for a staycation. In terms of choice of accommodation, the majority of respondents preferred hotel accommodation (58%), with 23% planning on staying in Airbnb accommodation when compared to options such as glamping or B&Bs.

"After months of isolation and travel restrictions, holidaymakers are planning on embracing what Ireland has to offer with an active, outdoor summer - BBQs (40%), hiking (30%), swimming (30%), cycling (22%) and camping (14%) are all high on the travel itinerary.

"With many travelling to scenic and local beauty spots, convenience takeaway is the food of choice for holidaymakers this summer. The survey results have revealed bottled water (79%), freshly prepared sandwiches (49%), fruit (45%) and chocolate bars as the most essential items for outdoor activities to ensure hydration and nourishment.

"Holidaymakers are also planning ahead when it comes to dining, with a preference for meat feasts from the barbeque. Beef burgers (65%) are the favourite food items, followed closely by sausages (54%), with chicken skewers/drumsticks/wings (44%) in third place overall."

© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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