Britons Looking for Cheaper Holidays

By Michael Ross
Published on 21 Jul 2008
AddThis Social Bookmark Button
Instead of cutting back on holidays to save money, Britons are seeking out cheaper deals.

The credit crunch is encouraging Britons to seek out cheap holiday options, according to one travel industry organisation. The Air Transport Users Council (ATUC) has suggested that instead of cutting back on overseas travel, consumers are looking for cheaper deals.

James Fremantle, industry affairs manager at the ATUC, explained that people are still looking for overseas breaks but are exploring alternative destinations and going for less-expensive package deals.

He said that contrary to figures from National Express suggesting that one in five Britons have chosen not to holiday abroad this year, people are merely "downgrading" from one type of holiday to another.

"I think air travel is one of the first things people do cut back on, particularly when there is a recession. Some tour operators are actually reporting pretty good numbers, so it looks as if people are just downgrading their holidays," Mr Freemantle commented.

"They are still going away, but downgrading from certain holidays to cheaper package holidays."

The National Express survey found that over a third of those polled are choosing to stay in the UK this summer in order to beat the cost of holidaying abroad. Add-on charges, check-in delays and the threat of lost luggage are among the top reasons Britons gave for staying at home.

 

[Back to top of article]
Britons Looking for Cheaper Holidays

Add Your Comment

Name: 
Comment: 
You have 1000 characters left.

Latest General Money Articles & News

General Money Articles

Demand for Financial Advice 'On the Up'
Demand for Financial Advice 'On the Up'

More and more people are feeling the need to seek out advice in the credit crunch, a coalition of charities claims.

UK 'To Be Worst Hit' in Crunch
UK 'To Be Worst Hit' in Crunch

Britons carry higher levels of personal debt than other European nations - while the UK economy is also more dependent on the financial services sector.

TCF Update Provided by FSA
TCF Update Provided by FSA

Banks are falling behind on the guidelines, a director has suggested.

Home Worries Haunt British Travellers, AmEx Reveals
Home Worries Haunt British Travellers, AmEx Reveals

With inflation rising and the credit crunch worsening, many travellers find that they just can't leave their worries behind on holiday.

Bank Rescue Plan Passed by Senate
Bank Rescue Plan Passed by Senate

George W Bush has welcomed news of the vote - which saw three-quarters of senators pass the new legislation.

Minimum Wage Increase Comes Into Force
Minimum Wage Increase Comes Into Force

Provision for over-22s has gone up by 21p per hour, following a government announcement.

Senate to Vote on Bailout Plan
Senate to Vote on Bailout Plan

George W Bush spoke out yesterday, insisting that the bill's passing was necessary to stabilise the economy.

UK Consumers 'Need Credit Crunch Lessons'
UK Consumers 'Need Credit Crunch Lessons'

Star financial expert Alvin Hall had some sound advice for householders today - after a new poll revealed surprising gaps in their knowledge.

Popular Related Articles

UK 'To Be Worst Hit' in Crunch
UK 'To Be Worst Hit' in CrunchBritons carry higher levels of personal debt than other European nations - while the UK economy is also more dependent on the financial services sector.

Latest Related Headlines

Demand for Financial Advice 'On the Up'
Demand for Financial Advice 'On the Up'More and more people are feeling the need to seek out advice in the credit crunch, a coalition of charities claims.
RSS FeedLatest Headlines
Free Services Weekly Money Email
The Week's Biggest Money News and Money Saving Tips sent directly to your inbox...
Enter your email:
Find Companies Money Guides RSS Feeds - Subscribe!
Site Map | Privacy Policy | About Us | Contact Us
money.co.uk is a trading name of Dot Zinc Limited, who are authorised and regulated by the Financial Services Authority. FSA Registration Number: 415689.
Copyright © www.money.co.uk / Dot Zinc Limited 2002-2008. All rights reserved.
Home | Login | Sign Up