How much should you be looking to save for a multigenerational holiday?
A multigenerational holiday is a family vacation where at least two generations of adults are present. And according to our 2024 survey of 4,000 UK adults, carried out in partnership with Opinium Research, they’re a hugely popular choice amongst holidaymakers.
In fact, nearly one in three respondents said they’ve been on a multigenerational family holiday or short break in the last three years.
We’ve delved into the data to better understand what’s driving Brits towards multigenerational travel, how they’re saving up and exactly how much they’re putting aside, as well as those all-important additional costs to budget for – from meals out and activities, to travel insurance and extra baggage.
For example, did you know that the average holidaymaker estimates their last multigenerational holiday cost £3,070? Or that the average holidaymaker took approximately four months to save up their contribution towards the trip?
Take a tour of our infographic to find out more!
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Your eligible deposits held by a UK establishment of Charter Savings Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered. Please click here for further information or visit www.fscs.org.uk.
