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Economy 'won't deter holidaymakers'

26 January 2009 10:49

Economy 'won't deter holidaymakers'

Travel Weekly has reported that economic turmoil and uncertainties in the financial sector are not deterring Brits from going abroad.

The website says that research from analysts at TNS Travel and Tourism revealed that only seven per cent of the population will not go on holiday because of the credit crunch.

Those jetting off to foreign destinations are advised to ensure they have organised travel insurance for themselves and their families or risk paying a hefty price.

The survey revealed that 30 million of us have holidays planned over the next 12 months – 17 per cent of which will be long-haul trips lasting for more than seven days.

Speaking to Travel Weekly, TNS head of travel and tourism Tom Costley said: "This data highlights a number of trends that suggest the UK holiday market appears resilient in the face of the economic downturn."

According to the figures, a fifth of the British population will be able to stretch their budget to two holidays in 2008. ADNFCR-1320-ID-18508458-ADNFCR