The success of holiday vouchers in France.

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4.28 million beneficiaries in 2016

4.28 million beneficiaries in 2016

Established in 1982 to allow more French people to go on vacation at a lower cost , holiday checks are on the rise for the eighth consecutive year. Their number has increased from 4.15 million direct beneficiaries in 2015 to 4.28 million in 2016. When spouses and children of employees are taken into consideration, nearly 10 million people in total holiday checks. These checks are mostly purchased by works councils, exempt from social and tax charges, and are then distributed to employees. With a value of 10 or 20 euros, these allow both to fund recreation , cultural activities, transport but also accommodation and catering. This method of payment is currently available from 170,000 stores in France.

Holidays: 5% of the French budget

Holidays: 5% of the French budget

To facilitate their use, the National Agency for Holiday Vouchers (ANCV) plans to dematerialize, as has been done with the restaurant tickets now credited on a single chip card. All these devices allow the French to recover some of their purchasing power . In fact, vacations accounted for 5% of the overall annual French budget in 2016. On average, transport (air, sea or rail) costs the most, especially for families traveling abroad. They thus occupy 23% of the total envelope of French holidaymakers. The second item of expenditure for households is accommodation (15%). Last summer, a single person spent an average of 650 euros for a stay while a couple with a child spent 1,400 euros.

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