Due to the ever-increasing and seemingly endless discussion of the ‘credit crunch’ in the media, many people are being careful when choosing their holiday this year.  Many are steering clear of the luxury holiday they may otherwise have taken and are searching for a cheap holiday instead.  Cheap is of course a relative term and despite the credit crunch hype, recent figures have shown that many Brits are still looking to take their two week holiday although some are understandably looking for weekend breaks or self-catering options instead.

One leading retailer this week has said that cruises are being overlooked as an option because there is still a popular misconception that cruises are purely for those with a lot of money to spend.  However, like many people have already found, by taking an all-inclusive holiday you can often afford to visit luxury destinations without the huge price tag.  All-inclusive cruises can be very cost-effective, particularly for families and fixed-price holidays are certainly appealing in the current economic climate.

Despite the credit crunch, the holiday market is not suffering as badly as one might expect, presumably because so many people realise the value of being able to get away from the daily grind and spend some quality time with their partner or family.

As European holidays are getting more expensive as the exchange rate from sterling to euro is not as favourable as it has been in the past - it has dropped by more than 20 percent since January - British holidaymakers are searching for bargain holiday deals.

One popular option is the all-inclusive holiday package, so that holidaymakers can budget, knowing that the holiday is paid for and there is nothing else to pay for in the resort.

Many people are also looking for destinations outside the Euro area, with destinations such as Egypt, Tunisia and Turkey becoming more popular and there are some great deals available on flights. (more…)