The coronary crisis affected the vast majority of areas of Czech life, changing their priorities and shopping habits. Concerns about the disease while traveling were also reflected in the decision of where to go on vacation or whether to take it at all. Therefore, it is not a big surprise that 13 percent fewer Czechs went on holiday this summer than last year. That’s according to a survey by Perfect Crowd for Home Credit.
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And the destinations where people spent their days have changed. While last year less than half of Czechs chose to stay in the Czech Republic alone, this year it was already three quarters of the respondents. He traveled around the Czech Republic and at the same time spent every ninth day abroad for a few days, last year it was two-fifths of people. Only 17 percent of Czechs took a holiday abroad this year alone (14 percent last year).
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For many Czechs, the coronavirus significantly narrowed the possibilities of possible foreign holidays. Many have experienced situations where they had to hastily change their plans, cancel tours and choose new destinations. During the summer, they most often traveled to Slovakia or Croatia.
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We spent less than last year
For this year’s holiday, more than half of the respondents spent less than last year, a third even significantly less. Nine out of ten people fit into 30,000 crowns.
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The expenses for this year’s holiday were mainly reflected in the fear of the disease, which was the most frequently mentioned reason why the Czechs did not go abroad this year, two-fifths of the respondents mentioned it. More than a fifth have preferred to reduce holiday spending for fear of losing their jobs or cutting incomes. Roughly one in eight has already had lower incomes due to the coronary crisis.
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The money most often saved for this year’s holiday in the reconstruction or equipment of the household (42 percent), or saved for so-called worse times (30 percent).
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Vacation from savings
The vast majority of Czechs financed their holidays from savings or from a regular salary. Only units of percent borrowed from family or friends. Only two percent of people took out a bank loan to cover the cost of this year’s vacation.
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“The Czechs behaved sensibly in the summer months and the vast majority of them did not borrow on vacation. Holidays are not an expense for which a person is in debt. The period of use of the subject of the loan should ´ survive´ the period of repayment. A loan can be reached if, for example, a washing machine breaks or negative cash flow needs to be overcome in the short term. It should be a necessary expense, generally for gifts or holidays, ie rather not borrow on unnecessary things, “said Miroslav Zborovský, financial ombudsman of Home Credit clients.
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How will next year be?
The survey confirmed the Czechs’ desire to spend their holidays abroad. Half of the respondents would mind if traveling outside the Czech Republic was restricted next year.
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Two-fifths wouldn’t mind, and every twelfth had no opinion.
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Poll
Where did you spend your summer vacation this year?
A total of 559 readers voted.
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