Britons to spend £178 billion on memorable experiences this summer – study [Yahoo! Finance Canada]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance Canada
Consumers are shifting spending away from retail and routine activities amid rising demand for experiences such as holidays, sporting events, concerts, days out and “competitive socialising” such as bowling, darts and mini golf, the study by Barclays found. While the travel industry will absorb a significant share of the £178 billion that Britons will spend on experiences between June and September, UK businesses that provide consumers with activities such as staycations and entertainment will contribute an estimated £134 billion to the local economy, according to modelling by the Centre for Economics and Business Research (CEBR). A survey for the study suggests almost half (46%) of the £3,322 average total will go towards holidays abroad (£906) and staycations (£615). ADVERTISEMENT Other notable activities include live entertainment (£435), attending sports events (£295), and trips to the seaside (£143). People's summer spending plans have been scrutinised (Barclays/PA)
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MA
Earnings
- 5/1/24 - Beat
MA
Sec Filings
- 6/28/24 - Form 8-K/A
- 6/27/24 - Form 4
- 6/26/24 - Form 4
- MA's page on the SEC website