03 Sep 2009

Brits 'taking dream holidays after redundancy'

Category: Australasia Travel Insurance News
Australasia 'is popular with res-scapers'

A new trend of res-scapers are opting to see the world with redundancy money.

People who have been made redundant may wish to take out travel insurance for an adventurous holiday as a poll reveals 26 per cent are using their redundancy package to fund a "Res-scape".

This is according to travel company ebookers.com, which found that in total, Brits made unemployed during the recession are spending £382 million on making trips abroad.

On average, a holidaymaker escaping after redundancy will spend £2,678.69 on their dream holiday, the company continued.

The most popular destination for this type of traveller was Australasia (29 per cent of people) followed by the USA, Caribbean and round the world trips.

"Its great to see that the credit crunch is not all doom and gloom and people are taking the opportunity to jet off, enjoy their redundancy money and see more of the world," remarked Claire Howard-Jones, head of marketing at the organisation.

She added that there are currently great deals to be found on travel so people can experience their dream trip while sticking to a "realistic budget".

Recently, On the Beach noted that the Caribbean is becoming a cheaper place to travel to.

It added that resort costs can also be lower than those in Europe.

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Adfero Ltd provides live and tailored breaking industry news for Direct Travel Insurance. All industry news is prepared by Adfero Ltd and as such does not represent the views or opinions of Direct Travel Insurance. © Adfero Ltd 2009

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