Euro scares holiday-makers
22 May 2009 07:41
The strength of the European currency is scaring British consumers away from destinations on the continent, according to a cheap flights website - though restrictive exchange rates will not affect travel insurance prices.
Skyscanner has published the results of a study into the search patterns of British consumers, which discovered that interest in flights to Bangkok increased by 271 per cent this year, while three destinations in Turkey also saw rises in enquires of more than 150 per cent.
At the other end of the scale, British travellers are losing most interest in Prague, Cork, Paphos and Palma, which all use the euro.
However, Barry Smith, co-founder of Skyscanner, explained that there are locations within the Eurozone that are good value for money.
He said: "Skyscanner's data shows that value for money is the biggest factor influencing this summer's travel trends. The strength of the euro seems to have scared off many travellers."
Earlier this month, the Association of Independent Tour Operators urged European accommodation providers to consider cutting their prices, as British travellers have been badly affected by the fall in sterling and the recession.