Donnerstag, 17. Juli 2008
Ongoing economic problems in the UK are not putting British families off heading overseas this summer, according to a new study.
Research by Abbey Credit Cards has found that the proportion of families taking a summer holiday has gone up from one in five to one in four this year.
However, continuing financial concerns such as rising inflation in the UK were found to be affecting how tourists are prepared to spend.
For example, estimates suggest holiday spending could drop to less than half the amount recorded a year ago.
British families spent more than £1,110 on taking their children overseas last year, but this is expected to drop below £500 this time round.
Callum Gibson, head of Abbey Credit Cards, commented: "With rising inflation it is remarkable to see an overall cost drop like this, but it just shows how British parents are feeling the pinch."
According to figures from Mondial Assistance, 30 per cent of tourists from the UK are heading to Spain for their holidays this summer.
