Holiday Costs 2024 - let us help you get away on your dream holiday this year

BUT just how much could the average holiday cost in 2024?

Here's what you need to know if you're planning a holiday this year.

Harp and Crown CU social poll

Harp and Crown conducted a poll on our social media channels during summer 2023, asking you how much you spent on a holiday (maximum 4 people) that year.

The figures suggest the average spend of your holiday was between £2,000 - £4,000.

(38% spent between £2K to £3K whilst a close second 36% spent between £3K to £4K).

Average costs of a holiday

The average cost of a holiday in 2023 was around £4,678. This figure is up by around £2,000 from 2022 showing that people spent more on holidays despite the difficult financial situations faced during the cost-of-living crisis.

Holiday cost increases

Next year it is predicted that there will be a sharp increase in all expenses for a holiday. This is due to the rapid increase in consumer demand for travel. Check out these top 30 tips on how to save money on your holiday in 2024.

Northern Ireland holiday destinations

With temperatures set to be even hotter next year compared to this year’s warmest summer on record many people can be seen staying closer to home for their holidays. For a Northern Ireland travel guide and ideas on what to do visit DiscoverNorthernIreland.com. However, keeping it local and holidaying in Northern Ireland is perhaps not always the cheaper option, with a huge rise in costs, especially North Coast destinations and the price of rentals.

Save and plan now to fund your trip!

When we asked our Instagram followers how they funded their holiday in 2023, a majority 58% said they lifted from their savings, whilst 33% took out a loan with their credit union. We encourage our members to “save as you borrow” with a minimum of £10 per month required to keep your account active.  Why not set aside an extra £10 or £50 per month to help save towards your next holiday.

Need a loan to help book you dream holiday?

Should you need a little extra help, we offer lower costs loans to the value of 5 x times your savings.  Ts and Cs apply.  You might be looking at a 2024 deal early to save on costs, a loan may help you pay this in full, with manageable repayments from 6 months to 5 years.  Check out our LOAN CALCULATOR for an idea on monthly repayments for your next loan.  

Questions?  Get in touch today.  

Email creditunion@harpandcrown.co.uk or phone 028 9068 5198.

“Save regularly and borrow only what you need.”

The Harp and Crown Credit Union provides safe, secure, flexible finances for the wider police family in Northern Ireland.