Spain's loss is Turkey's gain: is the UK economy shaking up summer holidays?
July 8, 2008
According to the Guardian, yesterday Spanish tourist board Turespaña predicted that the weak pound and economic downturn would hit classic packages and 14-day holidays, leaving Spain in a bit of a pickle.
Instead, destinations such as Egypt and Turkey which can offer more competitive holidays will draw the tourists away from Spain.
Well, guess what? Spain has just been knocked off the top of Co-operative Travel's lates market sales charts by none other than... Turkey.
Director of retail distribution Trevor Davis said the strength of the euro against the pound and capacity cuts to Spain following consolidation of the big four, which has led to a lack of available low-price late Spanish breaks, were the key reasons for the change
With a British Chambers of Commerce report indicating we could be headed for full-blown recession, one wonders what the UK's summer holiday league tables will look like in a few years' time...
Nathan Midgley
Martin Couzins
