Holidaymakers seeking out 'cheaper holiday options'
15 April 2009 06:43
With research indicating that the majority of holidaymakers plan to save money by heading to non-eurozone countries, it is crucial that people ensure they are fully covered by their travel insurance policy.
According to On the Beach, Brits are cutting down on the cost of their holidays by a variety of means.
The travel company noted that 36 per cent have downgraded their accommodation, while 49 per cent are cutting out expensive activities including water sports.
Research by the firm also indicated that 32 per cent plan to cut their annual summer holiday from two weeks to one.
Simon Cooper, chief executive of On the Beach, said: "Consumers are not going to let the credit crunch stop them from taking their well-earned holidays this summer.
"Cutting out these luxuries, means consumers can still escape the doom and gloom of the financial crisis and unwind in the sun."
According to research published by VisitBritain recently, 45 per cent of people plan to cut back on the number of holidays and short breaks that they take as a result of the recession.