Staycations for Cash Strapped Britain

mhele — Mon, 23 Aug 2010 11:02:59 +0000

The amount of trips overseas by British residents dropped 15 percent a year ago, because the economic downturn as well as weak exchange rates saw a lot of households choose so-called “staycations” at home.

British hoteliers have reaped benefits but not only from the increase of the British “staycation” but additionally a boost in the number of foreigners taking holidays in this country, thanks to some extent to the weakness of the pound.

Business enterprise travel by Britons appears to have been particularly badly hit because of the tough economy, dropping 23 per cent last year.
Cash-strapped Britons desert foreign holidays for ‘staycations’ in Telegraph

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Staycations for Cash Strapped Britain