Britons plan to spend £36 billion on summer holidays this year.
This is according to research by British Airways American Express Credit Cards, which found that UK adults are going to part with an average of £923 per person.
Some 49 per cent observed the trip will be at least one week in length, while individuals are looking to book the break some three months in advance.
Foreign travel is on the minds of many respondents, with 63 per cent planning a trip to a different country, while 28 per cent will stay in the UK.
Julie Hay, head of British Airways American Express Credit Cards at American Express, said: "Last year saw many people exercising frugality in the face of difficult economic conditions, but it is promising to see that this year we are likely to see a turnaround in this trend."
Ms Hay remarked 47 per cent of those questioned are interested in a house swap holiday in an effort to keep down the costs of going away.