Latest News

Latest News

Alex Cruz to speak at ITT Conference 2019
ITT is thrilled to announce that Alex Cruz, Chief Executive Officer of British Airways, will be a speaker at ITT’s Conference in June 2019. He is the second speaker to be revealed after Johan Lundgren, Chief Executive Officer of easyJet.
Published - 14/11/2018

First Speaker announced for ITT Conference
ITT is delighted to announce that Johan Lundgren, Chief Executive Officer of easyJet, will be a keynote speaker at ITT’s Conference in June 2019. With over 25 years’ experience working in the travel sector, Johan has earned a reputation as a veteran within the industry. As easyJet’s Chief Executive, he has improved the carrier’s financial and operational performance by investing in easyJet holidays and integrating Air Berlin into their operation.
Published - 25/10/2018

​The Holiday Confidence Index 2018 – Key Findings
The Holiday Confidence Index is an annual report commissioned by First Rate in association with the Institute of Travel & Tourism and YouGov. Based on an online survey of 5,114 UK consumers, the report measures holiday intention, planned frequency, holiday duration and associated spending for the next 12 month period.
Published - 06/11/2018

Tis the 'ski-son' for ITT's Christmas party
​With diaries starting to fill up as the Christmas season draws ever near, make sure to keep Monday 10 December free for the highlight of travel’s end-of-year social calendar!
Published - 01/11/2018

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​The Holiday Confidence Index 2018 – Key Findings

The Holiday Confidence Index is an annual report commissioned by First Rate in association with the Institute of Travel & Tourism and YouGov. Based on an online survey of 5,114 UK consumers, the report measures holiday intention, planned frequency, holiday duration and associated spending for the next 12 month period.

Research from the latest Holiday Confidence Index (HCI) reveals that despite less than one-in-five respondents (19%) expressing confidence in the UK’s economic situation, demand for holidays is still surprisingly high. The study reveals that there has been a one-percent increase in the number of consumers planning to travel in the next calendar year (55%) and 46% have already booked their trip, a two-percent rise from last year. The fact that The Holiday Intention Index has risen to its highest level in four years is significant and according to the report indicates “a resilience that might have been expected to erode in the face of volatile exchange rates and uncertainty about the impact of BREXIT”. Attitudes towards travel remain very positive, as there “has been a notable rise in the numbers who consider those overseas holidays good value – up from 43% last year to 47%”. 

It also found an increase in the number of consumers planning longer trips of eight or more nights, generating a one-point increase in the Holiday Duration Index. Longer trips were most popular with those aged 55+ as 18% of the 55+ age group favoured travelling abroad for 15 nights or more compared with only 6% of the younger 25-34 year-olds. 

Although holidaymakers remain committed to travelling, participants showed a resistance to spending more money. The study revealed a “reluctance by holidaymakers to take more travel cash away with them or to spend more once they arrive in their resort”, causing a point decline in both The Travel Money Index and the At Destination Spend. The greatest fall has been in the Cost of Booking Index, which has fallen two points to 39, as consumers were less inclined to spend more on booking travel and accommodation. 

Published: Tuesday, November 06, 2018

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