Luxury family holidays: Turkey and Egypt will become popular next year
The uncertainty plaguing the financial markets at the moment could have a significant impact on people's travel plans, with Britons choosing to go on luxury family holidays in non-euro areas rather than the traditional destinations of Spain and Greece.
Emma O'Boyle, spokeswoman for TripAdvisor, said that if the exchange rate between sterling and the euro continues on its current path then many Brits will be encouraged to explore less-popular locations for luxury family holidays.
"If the euro continues to track unfairly against the pound next year we expect to see non-euro short-haul destinations such as Turkey and Egypt continue to grow in popularity," she stated.
Ms O'Boyle went on to add that the trend for taking staycations will peter out in 2011, with people choosing instead to go on long-haul and short-haul holidays.
According to recent research by TripAdvsior, 66 per cent of Britons plan to go away to far-flung destinations in the next 12 months.