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Travel industry expecting number taking staycations to fall

Travel industry expecting number taking staycations to fall
23 May 2013

The number of people taking staycations in the UK has been tipped to fall by representatives from the travel industry. 

More than half (54%) of the respondents to the Barclays Travel Forum expect demand for domestic holidays to decrease. This is also predicted to be a growing trend, with two-thirds (65%) expecting to see holidaymakers travel more in 2014 than they will do this year.

As for where Brits will head, 32% tipped South America to enjoy the greatest increase in tourism, while just 4% expect North America to benefit. 

'With weak exchange rates affecting many holidaymakers' budgets, it's understandable that consumers are choosing different holiday destinations, but it's not stopping them from seeking sunshine abroad,' commented Chris Lee, Barclays head of travel. 

In the past year, the pound has seen its value weaken against both the dollar and the euro, increasing holiday costs for Brits heading to the USA and Europe. ADNFCR-408-ID-801589587-ADNFCR

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