UK consumers are expected to spend an average of £3,322 on events, experiences and holidays between June and September, according to Barclays.
Britons are predicted to spend an average of £3,322 per adult this summer on experiences such as holidays and live entertainment, a survey suggests.
A survey for the study suggests almost half of the £3,322 average total will go towards holidays abroad and staycations . Almost two thirds would rather tell others about something they have experienced rather than something they have bought. In particular, spending on shows and concerts is up 4.8% year-on-year, with a previous Barclays report finding that Taylor Swift fans attending the Eras Tour are predicted to spend a total of £848 on average per ticketholder to see her perform.
Separate data from Mastercard suggests 63% of Britons are planning to spend money on travel and tourism this year, as well as food-related experiences and live music .
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