Holiday bookings rise despite credit crunch

Posted on March 30th, 2008 in Travel news plus deals Holiday bookings credit crunch

Cheaperholidays are showing a huge 43% increase in bookings in the first two months of this year, compared with January and February 2007. The so called credit crunch is having no effect on holiday bookings. UK holiday makers can always be relied upon to take a “true Brit spirit”, with holidays seen as a necessity to relieve the stress of modern life and not a luxury.

A split of early and Late Booker’s picked up the best deals, paid the lowest deposits and enjoyed the biggest choice. “I’m sure any company would be pleased at even a modest rise in business, so we are delighted with growth of this magnitude.”

The best performing holiday destinations are Majorca, followed by the Canary Islands, Caribbean, Mexico, Florida and then the Maldives.

Cheaperholidays sells package holidays based around direct booking with Thomson, Thomas Cook, Mytravel, Going Places, Virgin, Kuoni, Jet2holidays and Hayes and Jarvis, for summer and winter holidays covering all the Popular holiday destinations of the Caribbean Spain Maldives Goa The Mediterranean Greece Turkey Canaries Tunisia Egypt and the Red Sea.

Cheaperholidays believes more and more travellers were fed up with no the frills approach on budget airlines and extra payments for basic services. “We have spent 10 years working very hard and providing all the frills we can for our clients and we have no intention of changing that policy,” he added.