KAYAK has launched a new budgeting tool to help people save money and plan their next getaway as new research reveals 65% of holidaymakers are finding it harder to pay for their travels this year. According to recent data, the average annual household holiday cost has increased by £137 year on year.
KAYAK has created the Vacay Valuator, an online tool designed to help travellers plan and save for their holiday. The interactive tool provides an easy and practical way for people to see how much they could save by making small adjustments to their spending habits to help fund their holiday.
Travellers select the items they are willing to reduce their spending on - from takeaways to TV subscription services - and for how long. The 2023 Vacay Valuator then works out what the possible savings will be and what flight routes are available for a price equivalent to the proposed saving.