Finnish summer holiday budgets almost unchanged
(Thomson Reuters ONE) -
Finns will spend nearly as much on their summer holidays as in 2009. The average
holiday budget for this year is 1,560 euros compared to 1,600 euros last year.
People living in the Greater Helsinki area will spend considerably more than,
for example, those living in eastern Finland.
The amount of money spent on holidays increases with age. The holiday budget of
the youngest respondents is a little over 1,000 euros, whereas 42 -
53-year-olds spend about 1,850 euros on their holidays. Residents in the Greater
Helsinki area spend the most, ie almost 2,000 euros, on their holidays compared
to the holiday budget of 1,250 euros of those living in eastern Finland. The
holiday budget of people travelling to far-off countries often exceeds 3,000
euros, whereas the budget of those spending their holiday at home is around 750
euros.
Will plans be realised?
Nordea has examined holiday budgets and plans in the Nordic countries in a
similar manner for many years.
- By comparing holiday plans and the way people actually spent their holidays,
we can see that people plan to do more during the holidays. but as the holiday
begins, these plans are dropped. In practice this may mean that instead of a
trip to a far-off country, people stay in Europe, or Rome is changed to, say,
Tallinn. The difference between plans and reality seems to persist year after
year, says Anu Numminen, Nordea's Private Economist.
Where will Finns be headed this year?
It is worthwhile to note the difference between plans and reality, also when
examining the holiday plans for this year. Based on the figures, more Finns than
before intend to travel not only in their home country but also in Europe. This
may be a sign of consumers' growing confidence and improved financial situation.
- Compared to last year, it is noteworthy that those respondents who spent their
holidays at home last year will also do so this year more often than others.
Those who travelled in Finland last year are planning trips to the Baltic and
Nordic countries or elsewhere in Europe. Similarly, those who travelled in
Europe last year plan to head either to Europe or even further afield, says Anu
Numminen.
The average holiday budget of families with children is 1,700 euros. Compared to
adult households, these families spend their holidays more often at home or
travelling in their home country or in the other Nordic countries. Especially
families with 7 - 12-year-old children spend their holidays in Finland.
- In contrast, households with teenagers make longer trips in the Nordic and
Baltic countries and to Europe, says Anu Numminen.
How are the holidays financed?
Finns mainly finance their holidays with their salary income and holiday
bonuses. Savings and the credit facility of a credit card are more used for
trips to Europe or the rest of the world.
- A credit card is a convenient means of payment when travelling abroad if you
remember to take good care of your card and cover the keypad with your hand when
you key in your PIN to prevent others from seeing the code. You can also use
your card to withdraw cash from an ATM as necessary. If possible, you can even
have two different credit cards in case of technical problems. If, for example,
Visa cards stop working due to a technical failure, your MasterCard will
probably work, and vice versa. You should also avoid putting all your eggs in
one basket. If you travel in a group, cards and cash should be distributed
between the different travellers and several bags and pockets. And all is well
if you remember to take the card-blocking number with you! says Anu Numminen.
The blocking number for credit cards when calling from abroad is +358 20 333,
available 24/7.
In Finland Nordea interviewed 1064 persons in the age of 18-65 years. The survey
was carried out by Synovate during the first two weeks of May.
For further information:
Anu Numminen, Private Economist, +358 9 165 88218
Kati Tommiska, Chief Press Officer, +358 9 165 42320
[HUG#1422869]
Unternehmensinformation / Kurzprofil:
Datum: 10.06.2010 - 08:43 Uhr
Sprache: Deutsch
News-ID 22205
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Town:
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Kategorie:
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"Finnish summer holiday budgets almost unchanged"
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