Travel plans 'will be mostly unaffected' by potential recession

People will continue to take holidays to India, Thailand, Australia and other destinations this year and next, despite the credit crunch.

By Southall Travel -Friday, November 07, 2008 02:15 PM

Travel plans will be mostly unaffected by potential recession

People will continue to take holidays to India, Thailand, Australia and other destinations this year and next, despite the credit crunch.

This is according to Sean Tipton, spokesperson for the Association of British Travel Agents (Abta), who said that while the travel industry is not totally recession-proof, people are more likely to try and save money in other areas rather than avoid holidays.

"You would have expected that if [the credit crunch] was going to have an impact it would have had an impact over the summer, but bookings were virtually the same," he pointed out.

According to Abta's Holiday Survey which was carried out in the first two weeks of September, 47 per cent of people will not adjust their travel plans because of the economic situation, while 50 per cent state they will not be cutting back on the length of their holidays.

A further 46 per cent said they will still head to the same destinations.
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