The time of year has approached us again, the sun is shining and people want to get away. The media have continuously stated that holidays are suffering a huge amount and people are not really going to be travelling as much this year. But is this the truth?
Despite all of the credit crunch buzz, I am seeing more and more people go on their holidays this year and even a huge amount more of people booking up new holidays and vacations. Despite the strength of the currency, Europe is still the main attraction for holidaymakers, with just over 40% of those surveyed saying they will be going somewhere on the continent this year. It is also said that travellers will be spending exactly the same amount of money that was spent in previous years.
Holidays are slightly down and this is probably due to all of the media hype behind it all, I can guarantee that if it was not so hyped up in the media then people would not have a clue that we were in any type of recession. As we are all aware UK breaks are being booked more and more so maybe this is one of the reasons why the media has pushed the credit crisis so much? It could be highly possible to actually make people believe they should stay and holiday in the UK and pump the money back into the economy.
Whatever the reason, folk are neglecting warnings and still going abroad; there is a vast amount of enquiries for overseas destinations such as Turkey and Egypt. But if you take a look at the situation you will realise that holidaying abroad will probably end up working out to be a lot cheaper then the UK.
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