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Following Summer Staycations, October Sunshine Beckons!

17 October 2016

Following summer staycations, October sunshine beckons!

With record numbers of us ‘staycationing’ in the UK this year(2), many people’s thoughts are turning to one last dose of sunshine before the winter months kick in, according to research from Sainsbury’s Bank Travel Money.

A whopping 40%(1) took our main summer holiday in Great Britain this year, with a variety of reasons cited, including a patriotic 38% who responded ‘I love the UK, you can have a great holiday here’; 15% who said they prefer going abroad outside of the school summer holidays; 13% who said that travelling with kids and/or pets in tow was easier in the UK, and another 13% who said that by staying in the UK they were avoiding foreign travel costs including flights, ferries or trains. Of these ‘staycationers’ 15% said they now plan to take a foreign break during October half-term.

Of all Britons, one in eight of us (12%(1)) is planning to book a foreign sunshine break during October. This is supported by analysis of Sainsbury’s Travel Money’s data from October 2015(3) which shows steady sales volumes, peaking in the week before half term, and then dropping off sharply.

Analysis of hotel and flight costs shows that travelling to warmer destinations such as Dubrovnik, Santorini and Dubai at shorter notice in October 2016 could be on average 26% cheaper than in July 2017(4).

Simon Taylor, Sainsbury’s Travel Money, said: “Some half-term holiday sunshine is a great way to eke out the last feeling of summer before we batten-down for winter. With fewer crowds and many flights and hotels offering better value, what could be nicer? Even better – pick up your currency when you go shopping, then all you have to do is pack.”

Sainsbury’s Bank Travel Money offers Nectar cardholders an even better rate at its instore bureaux and online, with  0% commission on foreign currency, competitive exchange rates and the opportunity to collect Nectar Points(5). There are over 50 currencies available to order, with next day collection available for Euros and US Dollars. Open seven days a week and with convenient parking, customers can also purchase a Sainsbury’s Bank Multi-currency Cash Passport TM MasterCard® and collect travel money whilst  shopping(6)

Customers can order currency online or by telephone on 0845 301 2724 and collect from one of 200 travel money bureaux within Sainsbury’s stores, or receive free home delivery for orders of £500 or more.

-Ends-

Notes to editors:

This press release is information for journalists only and is not intended to be a promotion to be acted upon by consumers.

Rates and information correct at date of issue.

Notes to editors:

  1. Sainsbury’s Bank commissioned Opinium Research to survey 2,000 nationally representative UK adults aged 18+ between 16th and 20th September 2016. Opinium Research is a member of the British Polling Council and abides by its rules
  2. Source: Visit Britain
  3. Source: Sainsbury’s Travel Money
  4. Source: Sainsbury’s Bank analysis of flight and hotel costs for a family of four to travel to one of 10 popular holiday destinations. Flight costs taken from Skyscanner.net and hotel costs taken from Trivago.co.uk
  5. Nectar points may take up to 60 days to appear on your account. Customers can collect Nectar points on all instore, phone and online purchases of foreign currency. The number of Nectar points collected is based on the value of the currency transaction: 5 points are collected for transactions between £0 and £249.99; 10 points for transactions between £250 and £499.99; 20 points for transactions between £500 and £799.99 and 50 points for transactions of £800 or more. A Nectar card must be presented at the time of purchase instore, or a Nectar card number quoted online or by phone at the time of purchase. The Nectar loyalty programme is operated independently of Sainsbury’s Bank by Aimia Coalition Loyalty UK Ltd; and the collection and use of points is governed by the Nectar Collector Rules, set out in the registration pack and available at www.nectar.com. Sainsbury’s Bank reserves the right to alter, cancel or withdraw this offer without prior notice.
  6. Sainsbury’s Bank Multi-currency Cash Passport™ is issued by R. Raphael & Sons plc, pursuant to license by MasterCard International Inc. MasterCard® is a registered trademark of MasterCard International Incorporated. R. Raphael & Sons plc is a UK bank authorised by the Prudential Regulatory Authority and regulated by the Financial Conduct Authority and the Prudential Regulatory Authority (registration number 161302) and is permitted to issue e-money. Head office and registered office at 19-21 Shaftesbury Ave, London, W1D 7ED, company registration number 01288938.

This press release is information for journalists only and is not intended to be a promotion to be acted upon by consumers.

Sainsbury’s Bank:

To view our latest press releases and product information, please visit the Sainsbury’s Bank online media centre at www.sainsburysbank.co.uk/media

Sainsbury’s was the first major British supermarket to open a bank, commencing trading in February 1997. Benefiting from a fantastic, trusted brand that enables us to combine the shopping experience with personal finance, Sainsbury’s Bank provides a range of quality products including insurances, credit cards, savings and loans. Our proposition is to make shopping more rewarding by offering customers great products at fair prices, while consistently rewarding shoppers for their loyalty and being easy to do business with at all times. Our products consistently top best buy tables and regularly win awards for quality, price and service.

Sainsbury’s Bank plc. Registered Office, 33 Holborn, London EC1N 2HT (registered in England and Wales, no 3279730) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (register no. 184514). Sainsbury’s Bank plc is covered by the Financial Services Compensation Scheme (FSCS).