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- Posted:Monday, July 13, 2009
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This is not least because there is less money going around, but also because people are worried about the possibility that they could lose their jobs. It's hardly surprising then, that holidays are a key area that people are looking to cut back on.
Of course, hostels are a great way to continue taking trips on a budget, but cheap travel is another important aspect. Jonathan Mitcham, principle researcher at Which? Holiday, has observed that people are keen to spend as little as possible at the moment - with many struggling to "justify spending out on an expensive trip away".
So he offered us all some tips on making the most of our hard-earned cash and therefore ensuring we don't have to give up the amazing experiences travelling the world can offer.
Chief among these was to shop around and book early, although he did note that last-minute deals can offer some attractive cheap travel options. He also recommended flying at weekends in order to avoid the more expensive fares.
And in terms of destinations? Well, Mr Mitcham reckons you should be looking to make currency conversions work for you, saying: "Currently, it will save you money to choose a holiday outside the eurozone, such as Croatia, Egypt or Turkey."
This comes after Mary Rance of UKinbound recommended London to tourists, again due to exchange rates meaning hotels and hostels are relatively cheaper than usual.