In a survey response from more than 11,400 cardholders, the key findings were as follows:

Key points:

• 43% of 18–25-year-olds and 40% of 26–35-year-olds ready to book and travel ‘As soon as restrictions ease’.
• 70% of 18-25’s and 62% of 26-35’s said they are not worried about longer waiting times at the airport.
• More than 1 in 3 younger travellers plans to treat themselves to a better holiday in 2021 because they missed out last year.
• An average of 70% across travellers from all age groups say they will feel more comfortable to travel abroad once they’ve been vaccinated.

New research from Caxton, the travel money specialists, highlights how its younger customers are determined to treat themselves to a better foreign holiday in 2021 after missing out on their sunshine getaways last year.

The survey raised the potential issue of longer queues for checks at the airport, but young travellers weren’t put off by this – 70% of 18-25’s and 62% of 26-35’s said they were not worried by this.

It seems that the lockdown misery they endured over the last 14 months means nothing will stand in their way this summer.

Not only are these young sun seekers set on travelling at all costs and ASAP, but they are going to spend big and treat themselves this time round with 38% of 18-25’s and 33% of 26-35’s planning an upgrade on their usual holiday.

Alana Parsons, Chief Operating Officer at Caxton FX commented on the findings: “Many of our customers are desperate to get away and that’s no surprise bearing in mind the misery that many have endured during lockdown”.

“Throughout this pandemic we’ve been providing our customers with up to the minute country by country travel information and we’ll continue to offer expert support and guidance throughout 2021 as details of the government traffic light travel strategy evolves.”