Hen and stag parties cost Brits £5bn each year

Brits are spending around £5 billion each year on their hen and stag parties, according to recent statistics.

According to the Lending Stream figures, women tend to spend around £163 on average on their “last night of freedom,” whilst men splash out approximately £195 on factors such as activities, function venues, food and drink.

These figures demonstrate a dramatic rise on those seen in 2009; where the average for each gender was £91 for a hen or stag do. However they do reflect the common trend that hens and stags typically spend 25 per cent more than they had initially intended to.

Some big spenders have even gone as far as coughing up around £3,000 for their parties; with over 400,000 admitting they had splashed the large amount of cash on just one night’s festivities.

Most of the bill can be attributed to alcohol and transport for the men, whilst women spend the most on beauty.

One reveller, frequent stag party attendee Tom Holmes, spoke to The Mirror about the results. The 38-year-old Brummie told the newspaper how he had attended some three stag dos over the past year, and claimed: “The cost of seeing a mate off into married life is frightening.”

It is no wonder the cost is so big, with many opting for one or two-night trips away to celebrate tying the knot; with writer Steve Busfield telling The Guardian: “I’ve been on a lot of stag dos, but only the first was of the traditional activity.”

“Since then, it’s been a roll call from Amsterdam to Alicante, Ibiza to Ljubljana, and more British towns and cities than I can remember, never for less than 36 hours and sometimes much longer.”