Annual Travel Insurance
25 July 2007 US exchange rate 'has greater holiday effect than celebrities'
While the relocation of celebrities and their choices for holiday destinations is no doubt having an effect on the travelling habits of Britons, it has been claimed that the "terrific" exchange rate between the US dollar and the pound is having a much larger impact.
Thomson Holidays has noted the prevalence of celebrities in advertisements as evidence of the effect of the stars on consumers, but economic shifts resulting in the pound being worth over two dollars is believed to have had an even greater influence.
A spokesperson at the firm said: "A lot of people want to go the US because of the terrific exchange rate. I think that's actually having more of an impact at the moment."
She added that the sunny weather Stateside is also playing a role in helping Britons choose to cross the Atlantic for their holidays.
Earlier this month, F&C reported that the dollar has been hit by a broadening trade and budgetary deficit causing its drop from $1.38 for £1 to its current levels of around $2.06 for each pound.
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While the relocation of celebrities and their choices for holiday destinations is no doubt having an effect on the travelling habits of Britons, it has been claimed that the "terrific" exchange rate between the US dollar and the pound is having a much larger impact.Thomson Holidays has noted the prevalence of celebrities in advertisements as evidence of the effect of the stars on consumers, but economic shifts resulting in the pound being worth over two dollars is believed to have had an even greater influence.
A spokesperson at the firm said: "A lot of people want to go the US because of the terrific exchange rate. I think that's actually having more of an impact at the moment."
She added that the sunny weather Stateside is also playing a role in helping Britons choose to cross the Atlantic for their holidays.
Earlier this month, F&C reported that the dollar has been hit by a broadening trade and budgetary deficit causing its drop from $1.38 for £1 to its current levels of around $2.06 for each pound.
More Annual Travel Insurance News
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Related Annual Travel Insurance News
29 August 2007 Beach holidaymakers get safety warning
Britons have been advised to stay safe when on the beach, as a... [more]
28 August 2007 Nearly two million Britons 'head abroad on Bank Holiday'
Almost two million Britons took advantage of the recent bank holiday weekend to... [more]
24 August 2007 Direct flights boosting Cape Verde travel
Increasing numbers of property investors and tourists alike are heading to the... [more]
23 August 2007 Britons 'prefer epic drives' to air travel
With increasing security measures at airports and risk of delays and costly... [more]
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Annual travel insurance
365 Travel Insurance
specialises in annual,
multi travel insurance
to Europe and worldwide.
Annual travel insurance
from 365 Travel Insurance
covers you for an unlimited
number of trips abroad for 12 months.
Click below to get an annual
travel insurance quote
specialises in annual,
multi travel insurance
to Europe and worldwide.
Annual travel insurance
from 365 Travel Insurance
covers you for an unlimited
number of trips abroad for 12 months.
Click below to get an annual
travel insurance quote