Credit crunch 'won't crunch Britain's holidays'

The credit crunch will not stop people from going on their precious holidays abroad, it has been reported.

By Southall Travel -Monday, December 08, 2008 03:42 PM

Credit crunch wont crunch Britains holidays

The credit crunch will not stop people from going on their precious holidays abroad, it has been reported.

According to TravelMole, a poll carried out by Holiday Extras found that almost 52 per cent had not scaled down their travel plans, while only ten per cent had drastically altered their holidays because of financial difficulties.

Over half of the respondents said they would rather give up on luxuries in order to conserve some money for their annual trip.

Managing editor at Holiday Extras Mike Whiting said: "Travel may be a luxury but it seems most people would rather spend a little less on day-to-day items rather than sacrifice their well-earned breaks."

In November, global marketing director at Travelex Julian Neal remarked that more people may now choose holidays to South Africa and Australia in order to benefit from the strong values of the rand and the dollar respectively against the pound.
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