Are you planning an Intergenerational holiday this year?

Intergenerational holidays are popular as living costs squeeze budgets, according to a recent survey

Some 42% of holidaymakers are planning trips with their parents and 7% are planning getaways with grandparents, according to Starling Bank.

Two-fifths (42%) of adults planning holidays this year will be taking a trip with their parents, as rising living costs squeeze families’ travel budgets, a survey has found.

Among holidaymakers aged 35 to 44, many of whom will have their own children living at home, 58% are planning breaks with their parents.

And one in 14 (7%) is planning a trip with their grandparents, the poll found.

More than a quarter (27%) of parents who are going away with their grown-up children said they are paying some or all of their offspring’s travel expenses, to help them out during the cost-of-living crisis, according to the research.

The survey. commissioned by Starling Bank, also indicates that families plan to spend an average of £2,671 on holidays this year, with Spain, France and Italy being popular as proposed destinations.

People living in the South East of England will be spending the most on family holidays this year, at an average cost of £3,051, the research suggests.

Families in Yorkshire and the Humber are most likely to be staying in the UK for their getaway (58%) and plan to spend an average of £2,148 on their trip.

And households based in Wales will be spending the least on their holidays, with a proposed average spend of £1,865, according to the findings.

Nearly three in 10 (28%) of those surveyed plan to regularly check their spending while away.

What are your holiday plans this year? Are you intending to go away with your children or grandchildren? Or is this not on your agenda?