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Brits defy credit crunch to maintain holiday priority

British holidaymakers will not give up their annual trip abroad despite the current economic climate, it has been suggested.

According to the Association of British Travel Agents (ABTA), people in UK are looking to "safeguard" their holidays in the face of financial difficulty.

ABTA research has found that 83 per cent of Britons who have taken a recent trip overseas are planning to do so again within a year.

This is contrasted with the statistic that 35 per cent of people feel the credit crunch will affect their plans.

A spokesperson for ABTA, Frances Tuke, said: "I think what it means is that in what we’re seeing and what we believe to be the case, people will probably safeguard one main holiday."

Ms Tuke also suggested that the UK could "clean up slightly" in 2009 from a rise in domestic holidays.

She also noted the increase in popularity of destinations like Egypt and Turkey, which are "good value options".

ABTA was formed in 1950 and represents over 5,500 travel agencies in the UK.

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