Tourists 'more wary' over holidays
29 September 2009 08:05
The ongoing credit crunch has led people to be more cautious about the type of holidays they take, it has been noted.
Due to the economic downturn seen around the world, holidaymakers have "become more attuned to searching out bargains", said editor of thetravelmagazine.net Sharron Livingston, which could prove to be a useful skill when searching for other parts of a holiday such as flights and cheap annual travel insurance.
Tourists are now thinking twice before spending money on luxury items, Ms Livingston noted.
Her comments followed views expressed by chief executive of Hoseasons Richard Carrick, who recently said that Brits on a budget may be more likely to take a break in the UK.
While this could help to save money, Brits may find it more expensive in the long run to save cash by scrimping on travel insurance.
Covering the cost of lost luggage or any other issue on a domestic break could leave Brits out of pocket and forced to spend their holiday budget on fixing problems.
Published by World First Travel Insurance - providers of worldwide travel insurance for all types of holiday, cheap annual travel insurance and great family travel insurance. Get in touch for a competitive travel insurance quote today.
Want more like this? Subscribe to the RSS news feed.