Holidays & the Economy

Personally, I'm fed up of people going on about the credit crunch and how we're all going to starve due to a lack of food - and if we don't starve we're going to freeze because gas and electricity prices are sky high. Yes it's probably all true, but unless we work in the Bank of England of happen to own an oil field we can't really do much about it - or is there?

I recently read an interesting article in the Telegraph about how people's choice of holiday destination is changing dramatically due to the faltering British Economy. At the moment the Sterling/Euro exchange rate is at a terrible - 1 Euro costs 95.7 pence. Only a year or two ago a Euro cost us about 60p - the change is dramatic. Add harges placed on cash withdrawls and por exchange rates in some shops and you are basically paying £1 for a Euro. This has led people to look outside the EU for their 2009 holiday destination.



Spain has for a long time been the UK's favourite holiday destination - a country with excellent cheap package deals, good food and excellent weather - a classic destination for us Brits. However, apparently, Turkey has overtaken Spain as the most popular destination for the UK - an astounding fact in my opinion. This is mainly due to the average cost of a holiday to the 2 countries - a holiday to Turkey costs over £100 less, per person, than Spain, partly due to the poor exchange rate.

So in conclusion, there are things we can do to prevent starvation during these harsh economic times, and the public have acted already. A simple change of holiday destination to a potentially cheaper non-EU country can help save our hard earned cash, and maybe our lives too.