Brits will not cut back on holidays
The number of family holidays undertaken by Brits will remain stable this year, according to a trade body, which should have a similar effect on the quantity of travel insurance policies acquired.
The Family Holidays Association (FHA) has predicted that the consumers will be "downgrading" their vacations in 2009, rather than lose out on them altogether.
Emphasising the importance that holidays can have for disadvantaged families, the organisation revealed almost all social care workers in the UK use vacations as a method of improving welfare.
John McDonald, director of the FHA, suggested that trips to Caribbean resorts will be replaced by domestic expeditions.
He said: "I'm sure the economic situation is going to impact on lots of holidays this coming year … People who would have gone overseas may just take a break at a British seaside instead."
Last month, research conducted by the online travel provider Expedia.co.uk disclosed that more than half of employees will be taking their full holiday allocation in 2009.
Family Travel Insurance news
Would you let your son or daughter choose your holiday destinations?
Read more
Could you be throwing money away this summer?
Read more
People are increasingly looking to take package breaks in a bid to save money.
Read more
The travel sector must make sure it listens to its customers in order to remain a success, it has been advised.
Read more
Family holiday insurance could protect against larger losses as holidays rise in cost.
Read more
Greece is one of the four best tourist destinations in the world, it has been claimed.
Read more