Brits take out traditional travel insurance
11 May 2009 07:10
European destinations that are well-known to British consumers are proving popular this summer, despite the credit crunch reducing holiday and travel insurance budgets.
This is the viewpoint of Holiday-Rentals, which suggested that cities around the continent are seeing an increase in demand, as "tried and tested" resorts are relied upon in times of economic hardship.
Specifically, the holiday home provider identified London, Barcelona, Nice, Rome, Tenerife, and the Costa del Sol as popular locations for this summer's vacation season.
Sarah Chambers, spokeswoman at Holiday-Rentals, explained that holiday-makers are sticking to what they know.
She said: "So what that tells us is that despite the credit crunch, the top European cities and the old favourites like Costa del Sol and the Canaries are still popular."
Earlier this month, Holiday Extras disclosed that Spain is the primary destination for British travellers this year, as the recession reduces their finances.