planning – Latest News

Britons spend up to 72 HOURS a year planning holidays, with many left mentally exhausted

admin — Mon, 18 Sep 2023 11:50:03 +0000

Britons spend more than two days – an average of 53 hours – per year planning their holidays, according to new research.

The findings suggest millions of would-be holidaymakers from Britain are hesitating to press the ‘book’ button due to the sea of choice on offer.

Gen Z (aged 16 to 26) appear to suffer the most from indecision, dedicating three days (72 hours) per year to crafting trips.

Baby boomers (aged 59 to 77) chart their courses in almost half the time but still spend close to two days a year (37 hours) planning trips.

This procrastination, the study says, is due to ‘Travel FOBO’ – ‘fear of better options’.

Instead of feeling excited in anticipation of a holiday, Britons are commonly left feeling mentally exhausted by the process

A study by First Choice suggests millions of would-be holidaymakers from Britain are hesitating to press the ‘book’ button due to FOBO – ‘fear of better options’

A close relative of FOMO, ‘fear of missing out’, FOBO is caused by information and choice overload, partly fuelled by inspiration from social media, and it’s crippling Britons when it comes to booking their getaways, the study by First Choice holidays says.

Instead of feeling excited in anticipation of a holiday, Britons are commonly left feeling mentally exhausted by the process, are often hit by ‘reservation remorse’ – and two in five (41 per cent) said they consider holiday planning to be one of ‘life’s most stressful decisions’.

The new study, of over 3,000 Britons, found 40 per cent feel overwhelmed by travel choice anxiety when it comes to booking, with 50 per cent of Gen Z and 52 per cent of millennials (aged 27 to 42) feeling the heat.

More than a third (39 per cent) of travellers get overwhelmed by the chaos of keeping track of multiple tabs open on devices and nearly a quarter (23 per cent) consider over 16 destinations before deciding what to book.

The study found 40 per cent feel overwhelmed by travel choice anxiety when it comes to booking

Almost half (42 per cent), meanwhile, get tired from an unending cycle of evaluating and re-evaluating alternative options.

And in total, 42 per cent admitted to being beaten by the ‘procrastination paradox’ – delaying booking until the last minute to find better deals, only to find that prices have increased.

The wide range of choices and information overload has left nearly two in five (37 per cent) with reservation remorse, feeling they had made a mistake after booking, with indecision and apprehension kicking in after just two hours and seven minutes.

Despite the stress of FOBO, more than half of Brits (51 per cent) love taking control of their own travel arrangements and discovering the world on their own terms, the findings reveal.

More than half (55 per cent) said that reviews and recommendations play an ‘important role’ when it comes to booking a break.

But more than a third (37 per cent) feel their trust in online reviews has dwindled, preferring to consult holiday company websites and apps (34 per cent).

Gen Z (aged 16 to 26) appear to suffer the most from indecision, dedicating three days (72 hours) per year to crafting trips

More than half of Brits (51 per cent) love taking control of their own travel arrangements and discovering the world on their own terms, the findings reveal

First Choice has released a new holiday booking platform to combat Travel FOBO and ‘help travel lovers pick the trip they really want’.

The newly renovated platform combines options for different tastes, budgets and values, the holiday company explains – there are even options for trips by train.

Travellers can also choose between familiar and far-flung destinations and different activities, from cooking classes in Crete to stand-up paddleboarding in Majorca, it adds.

Bart Quinton Smith, managing director of First Choice, said: ‘Our research shows that many of us get a thrill from piecing our perfect trip together. But, in a world of endless choices, FOBO can take all the fun out of planning a holiday.’

The company has seen a change in holiday behaviours in recent years, driven by ‘a new mindset’ among travellers, the MD said.

‘For those who love to travel, holidays are up there with the most important choices we make and you don’t want to settle for anything less than the best,’ he added.

Rolls-Royce planning job cuts that could see around 3,000 roles slashed

admin — Mon, 29 May 2023 06:20:14 +0000

Rolls-Royce planning job cuts that could see around 3,000 roles slashed as part of a major turnaround

By Daily Mail City & Finance Reporter

Updated: 16:50 EDT, 28 May 2023

Rolls-Royce is planning job cuts that could see around 3,000 roles slashed as part of a major turnaround.

The engineering giant said it was working on the ‘transformation’ of several areas of the business, one of which related to ‘organisational efficiencies’.

It followed reports that the company’s proposes to merge merge several departments, with up to 10 per cent of its 30,000 non-manufacturing staff axed.

Job cuts: The engineering giant said it was working on the ‘transformation’ of several areas of the business, one of which related to ‘organisational efficiencies’

The plans follow comments from new Rolls-Royce boss Tufan Erginbilgic, who previously described it as a ‘burning platform’ that needed to streamline.

Rolls said: ‘We have made no decisions on any potential impact on employees.’

Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.

POPULAR MONEY SECTIONS

Prince William planning ‘different coronation from King Charles’ without ‘homage of the

admin — Sun, 14 May 2023 11:41:13 +0000

Prince William planning ‘different coronation from King Charles’ with controversial ‘homage of the people’ tradition set to be scrapped

The Prince of Wales is looking for ways to ‘evolve’ the ancient service

By Matt Powell

Published: 20:07 EDT, 13 May 2023 | Updated: 07:23 EDT, 14 May 2023

Prince William is said to be planning a ‘different coronation from King Charles’ as he looks to modernise the ceremony by removing the ‘homage of the people’.

The Prince of Wales will scrap the historic pledge after the Archbishop of Canterbury was met with disapproval for calling on the public to swear their allegiance to the King.

After the negative reaction, the oath was changed in a break from tradition to instead ‘invite’ those who wish to express support for the King to do so.

Following his father’s coronation, a source close to Prince William told The Sunday Times: ‘There is no way he will go down that route or anything like it.’

The heir to the throne is said to be considering ways to ‘evolve’ the ancient service to keep it ‘modern’ and ‘relevant’.

Prince William is said to be ‘reflective’ about King Charles’ Coronation and is working to ensure the ceremony ‘evolves to be relevant’

The Prince of Wales will scrap the ‘homage of the people’ after the Archbishop of Canterbury was met with disapproval for calling on the public to swear their allegiance to the King

A royal source told The Sunday Times: ‘He is really thinking how do we make his coronation feel most relevant in the future?

‘He is mindful of the fact that in 20 years’ time, or whenever his time comes, how can the coronation be modern but also unifying to the nation and the Commonwealth? I think his coronation will look and feel quite different.’

The source added Prince William is ‘reflective’ about the events of last week and it is working to ensure the ceremony ‘evolves to be relevant’.

In an effort to bring his family to modern audiences, Kensington Palace released a behind-the-scenes video of the Prince and Princess of Wales at the King’s Coronation last week.

A video released by the Wales’s official YouTube account provides a rare glimpse into their family life during the packed Coronation weekend.

The film captures the jubilant atmosphere of the celebration as it shows William and Kate meeting crowds of royal fans on the Mall outside Buckingham Palace the evening before the Coronation.

William and Kate made headlines with their eye-catching outfits at the historic crowning of King Charles III

It then shows William and Kate getting ready at Kensington Palace along with Charlotte and Louis the following morning.

The royal couple can be seen wearing their stunning Royal Victorian Order Mantles, while Kate wowed with her white Alexander McQueen dress.

The family then leave the palace to travel to Westminster Abbey in a gold carriage, alongside thousands of armed forces personnel and Buckingham Palace household members.

William, Kate and their children are then spotted standing on the Buckingham Palace balcony along with other members of the Royal Family after the Coronation ceremony.

The royals and the tens of thousands of people gathered outside the palace were then treated to a flyover by the Red Arrows despite the poor weather.