21 Jul 2009

Category: Europe Travel Insurance News

The pound is "climbing back" against the euro

Things could be looking up for holders of European travel insurance as the pound begins to recover against the euro.

Bob Atkinson, travel expert at travelsupermarket.com, said that the popularity of the eurozone may start to increase again as the euro is back at €1.16 to sterling and it is "climbing back".

"There are lots of late deals to the eurozone. The eurozone is not as bad as you thought it was now that the pound has come back," he explained.

For those who are still looking to avoid destinations with the euro as the currency, Mr Atkinson noted that countries such as Morocco, Tunisia, Iceland and Bulgaria were all cheap to visit and offer value for money at the moment.

Travellers with long-haul holiday insurance may wish to look at parts of the Caribbean such as the Dominican Republic for a cost-efficient break, he continued.

Research from the company found that 45 per cent of people in the UK are planning on taking a holiday in the coming 12 months and that travellers take an average of £301 per person in spending money per week away.