June 4th, 2009
Holiday rentals becoming a trend for budget-conscious vacationers
A new research conducted by a travel money remittance agency revealed that despite the global financial crisis, British families are still willing to go into vacations but this time with a budget limit in place. In fact, most of them would consider availing of holiday rentals in order to save up on hotel expenses which are at most more expensive.
Tesco Travel Money stated that more than half of the respondents said that they will still go abroad for a much-needed vacation. However, about a third of all the respondents said that they will be spending way less than last year.
Expenditures on hotels and flights will be considered greatly before travel with more than 75 percent of the respondents saying that they will go for budget rates on air travel and hotel accommodations (that is if they don’t find any affordable holiday rentals during vacation).
About 30 percent of the respondents said that they will start searching for holiday rentals this early to avoid the rush and also would avoid going to expensive restaurants once they arrive at the destination.
Despite the crisis, respondents said that spending the holidays is not just a luxury but a necessary time for them to spend time with loved ones.







