Cancel our holidays? You must be joking!

Despite the distinct possibility that the UK could be heading into a recession, Brits are still unlikely to sacrifice the annual holiday, one expert has said.

 

Sean Tipton, spokesperson for the Association of British Travel Agents (Abta), said he thinks people will try to cut back the amount of money they spend in their day-to-day lives, rather than opt to cancel their holidays or not make a booking at all in the coming months.

 

“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.

 

The organisation’s recent Holiday Survey found that 47 per cent of people will not adjust their travel plans because of the economic situation and 46 per cent said they will still go to the destinations they would have done before the credit crunch.

 

Meanwhile, 50 per cent said it would not affect the length of their holiday.

 

Earlier in 2008, Tom Hall, editor of the Lonely Planet books, said that holidaymakers are likely to get the best value if they head out to mid or long haul destinations, outside the eurozone.

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