Send to a friend

News

Brits Plan To Stay Close, But Not Too Close, For Summer Holidays - 14 May 2010

British holidaymakers are setting their sights on drivable European destinations this summer, experts are predicting.

Unlike last summer, when many Brits took short, cheap holidays within the U.K., this year, rental firms are reporting dwindling search numbers for British holiday homes. Rental enquiries for July and August are down in comparison to last year’s numbers, indicating that Brits aren’t restricting their budgets as much as they were in the crunch of the recession.

Holidaymakers are instead are willing to spend a little more while continuing to play it safe with close-in European favourites like Spain, Portugal and Turkey. The recent Icelandic volcano eruption, which left thousands of Europeans stranded in airports, also remains on holidaymakers’ minds as they choose locations that are easy to get to by car or ground transport.

Another holiday-destination contender is financially crippled Greece. Experts are predicting that deals to popular tourist spots, like Crete and Corfu, will soon begin to surface in a move to bolster the country’s economy and image, as well as lure potential holidaymakers away from Turkey and Egypt.

Overall, experts are reporting that the overseas property market is stably recovering in time for summer. Several rental portals have cited March and April as their biggest months in over a year, and a survey earlier in the year found that more than half of Brits are planning to holiday abroad this year, with about 20 percent looking to rent homes.

Post this article to:

del.icio.us Digg Newsvine Reddit MyYahoo! Facebook

 


Browse our articles written by leading industry experts:

Overseas Property Buying Guides

UK Property Guides

Gardens and Interiors

Cosmetic Surgery Fact Sheets

Looking Good Guides

Money

Business

Community

Travel