Friday 28 October 2016

Demand increases for long-haul destinations

RECENT data gathered by flight search and deals platform Cheapflights has shown that the poor Pound-to-Euro exchange rates are driving up the demand for long haul destinations amongst holidaymakers.

Pre-Brexit vote, three Eurozone countries – Spain, France and Greece – were in Cheapflights’ top-five most-searched-for destinations, ranking two, three and four respectively. Following the ‘flash crash’, 

  • Spain remains second on the list, but demand for the destination has dropped by 22%. 
  • France has dropped from third place to number five on the list, with searches down 28%
  • Greece has fallen from number four to number seven, with demand dropping by 34%.

On the flip side. . . 

  • Australia has moved up from sixth to fourth in Cheapflights’ long haul search rankings with searches up 28% 
  • Searches for China are up a staggering 138% and the country is now number three on Cheapflights’ long haul search list (up from number eight pre-Brexit vote) 
  • Searches for US destinations are up 12% overall versus pre-Referendum levels, despite the Pound falling to a three-decade low of just US$1.18 value. It remains Cheapflights users’ number one long haul search destination 
  • Searches for Canada, at number six, are up 3%


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