Abta: Travel market strong in all sectors

The travel industry is defying the credit crunch and continuing to perform well in various sectors, according to the Association of British Travel Agents (Abta).

Spokeswoman Frances Tuke said that the market is performing "extremely well all over", with particular success occurring in the mid- and long-haul markets.

Ms Tuke also suggested that the strength of the euro against the pound does not appear to be having too much of an effect on travellers' holiday decisions, with Spain continuing to be popular.

"Spain is holding up very well…I think people were concerned that the eurozone areas would be affected, particularly with the fluctuations in currency, but that doesn't seem to have happened," she said.

Ms Tuke underlined the importance that most Brits attach to their annual holidays, saying that they are likely to be the "last thing" that people give up when finances are tight.

"With the huge range of choices when it comes to holidays, people can pick ones that will suit their pocket," she added.

According to a poll carried out by American Express this year, 80 per cent of British tourists are not willing to give up their annual holiday to save money.

Posted by Mike, 27 June 2008 17:14

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