The Observador Natal 2023 study, carried out by Cetelem, a brand of the personal finance group BNP Paribas, indicates that only 16% plan to go on holiday at the end of the year, with the intention of going for a walk (8%). or to meet family (8%) – a value similar to previous years, but still below pre-pandemic levels.
The amount participants expect to spend is 289 euros, 10% less than last year.
Regarding the destinations chosen for their holidays, the majority of participants (70%) will choose to reside in the country, which is a higher number than last year (59%). Therefore, fewer people are planning a vacation abroad compared to 2022 (38% compared to 48% in 2022).
For New Year's Eve celebrations, expected spending remains at last year's values (€82). Portuguese respondents plan to celebrate the New Year at home (67%) or in the homes of family and friends (30%).
Only 7% will welcome 2024 with street parties. On the other hand, compared to 2022, the intention to go to restaurants decreases (3% versus 8% in 2022). The number of participants who intend to celebrate this occasion in hotels also decreased compared to last year (8% compared to 5% in 2022).
The same study suggests that six out of 10 people with a credit card will use it on Christmas/New Year's Eve, and expect to spend around €240, €10 less on average than in 2022.
Andrea Hargraves is a contributor to Brytfmonline.com, covering a broad range of topics including news, politics, business, technology, sports, entertainment, and lifestyle. She is committed to delivering clear, accurate, and reader-focused reporting that helps audiences stay informed about current events and emerging developments. Andrea’s work emphasizes useful information, balanced coverage, and stories that matter to everyday readers, making complex topics accessible and relevant to a wide audience.