Generous grandparents are making it possible for the whole family to go away together as one in seven over 50s have been on holiday with their children and grandchildren and a third have paid for the whole trip, according to a recent Saga Travel Insurance survey…
- One in seven over 50s have been on holiday with children and grandchildren
- A third of over 50s pay for the whole family to go away and on average it costs £4,000
- One in six grandparents take just their grandchildren abroad
Intergenerational holidays are popular with the whole family. Not only do children have their choice of people to play with but parents have a built-in babysitter as grandparents are keen to spend time with their grandchildren. This could be why one in ten over 50s say they are planning a holiday with children and grandchildren for next year.
Analysis of data shows the most common countries for family getaways are Spain, USA and France.**
However, paying for the whole family to go abroad is not cheap as intergenerational holidays costs around £4,000 on average.
Even if parents can’t make the trip grandparents and grandchildren aren’t missing out on some holiday fun. One in six grandparents say they have taken their grandchildren overseas without their parents in the last five years and a further one in 10 are planning to do so in the next year.
Kevin McMullan, Head of Travel Insurance at Saga, commented: “It’s great to see so many families going away and spending quality time together. A lot of over 50s are making this happen by being so generous and paying for the trip.
“Going on holiday with the whole family is great for everyone. Not only can parents recharge their batteries and enjoy some adult time together as their parents are on hand to babysit, but grandparents can create precious memories playing games by the pool with grandchildren. The real winners of these holidays though are the kids as they get to spend time with all their favourite adults.”
Populus interviewed 7,945 Saga customers, all aged 50 and over, online between 20th and 27th June 2016.
** Based on analysis of Saga Travel Insurance data.