News
Over-50s 'freed up by time, money'
28 November 2007
Embarking on ambitions travel excursions around the world is a realistic prospect for many people over the age of 50 as they have the free time and money required to take adventurous holidays, according to Alliance & Leicester.
The company recently carried out a poll showing that nearly 11 million people aged 50 or over hope to travel more in the next decade.
Over half of this market has ambitions to head to long-haul destinations on their travels, according to the survey.
Steve Gracey, spokesperson for Alliance & Leicester, said that the financial and lifestyle benefits of having less strenuous work commitments and grown-up children mean that many people over the age of 50 have the freedom to plan adventurous holidays.
'The over-50s tend to have a bit more time, because they are either retiring from their job or their children are flying the nest, or they have more money to use to actually go further afield,' he said.
In recognition of this trend, many sectors within the travel market are adapting their product offerings to suit the needs of older travellers, according to the Alliance & Leicester spokesperson.
'In a number of sectors you find that the over-50s are a more and more recognised age group, because they are much more savvy than their younger counterparts,' Mr Gracey said.
Click here to plan and book flights, hotels, city breaks, rental cars and holidays with Opodo.
© Adfero Ltd
The company recently carried out a poll showing that nearly 11 million people aged 50 or over hope to travel more in the next decade.
Over half of this market has ambitions to head to long-haul destinations on their travels, according to the survey.
Steve Gracey, spokesperson for Alliance & Leicester, said that the financial and lifestyle benefits of having less strenuous work commitments and grown-up children mean that many people over the age of 50 have the freedom to plan adventurous holidays.
'The over-50s tend to have a bit more time, because they are either retiring from their job or their children are flying the nest, or they have more money to use to actually go further afield,' he said.
In recognition of this trend, many sectors within the travel market are adapting their product offerings to suit the needs of older travellers, according to the Alliance & Leicester spokesperson.
'In a number of sectors you find that the over-50s are a more and more recognised age group, because they are much more savvy than their younger counterparts,' Mr Gracey said.
Click here to plan and book flights, hotels, city breaks, rental cars and holidays with Opodo.
© Adfero Ltd
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