7 out of 10 Peruvians prefer to save for financing their holidays

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  Photo: ANDINA/Percy Hurtado Santillán

12:48.

 Lima, Apr. 03. Peruvians prefer saving money for a period of time, in order to spend it on holidays rather than using a credit card or applying for a loan, Benjamin Edwards, Director of Planning at Tribal 121 affirmed.

According to the report “Tell me how you travel, and I will tell you what opportunities you are missing,” issued by the same consulting firm, 36% of Peruvians make a domestic trip throughout the year. Of those, 43% seek to rest and relax. Meanwhile, 29% want to “go for a stroll” with their relatives.

“71% of Peruvians, travelling with family or friends, save in order to go on holidays [It means they don’t go into debt]. This is followed by 33%, who spend the up-to-the-moment earned wage/salary, while only 9% use a credit card [for this purpose],” he told Andina news agency.

According to Edwards, most of the people “don’t want go into debt.”

Therefore, "they travel with money earned throughout the month" because some business establishments, located in the Peruvian provinces don’t take credit cards, unlike cash.

He also highlighted 74% of Peruvians, indeed, plan their trips. The remaining 24% don’t. Of the 74%, 42% “plan it one week or less in advance.” Others take: Two weeks (21%), three weeks (10%), four weeks (24%) and more than one month (3%).

Most of those travelers choose, which sites to visit based on “word of mouth” campaigns, being those the main means of promotion (54%) as suggested by acquaintances, he added.

In this sense, the Peruvian government has implemented the site ytuqueplanes.com. It aims at encouraging Peruvian, Bolivian, Chilean, Colombian and Ecuadorian people to travel to Peruvian cities.

(END) JCC/JJN/MVB

Published: 03/04/2015