Critical Details For holidays and travel - Where To Go|
Like many industries, luxury holiday operators are showing signs of the downturn. There are airlines,holidays and travel companies reporting significant losses. Everywhere you look there are offers to tempt you into building a booking. Even the stalwart British Airways have posted losses in the region of £400m.
It is a risky and exciting time, depending in your point of view. Some travellers have cheated holiday destinations that have been hit the hardest. Holidays to Iceland are yielding the best value due to a favourable exchange rate following collapse of Icelandic banks. On the other side of the coin, British holidays and travel in Europe are noticing the way the weak pound set alongside the Euro will make things seem expensive.
Since holidays can add up to an important financial outlay, what's crucial is that every traveller gets adequate protection due to their holiday and the cash they spend. The financial protection and assurance that accompany cheap holiday insurance is an important precaution, perhaps more than it ever has been.
Although holiday makers going abroad might be reluctant to trust their money with travel insurance from struggling companies like AIG, the risk of your holidays - by which you've invested your heard-earned wages - being disrupted are as evident as ever. As well as delays brought on by strikes, collapses such as that of the XL travel company late in 2008 will serve as a warning. It led to twenty one planes staying put, and about 85,000 travellers being stranded throughout the globe. This incident shows how important it is to look at whether your holiday insurance company will cover the cancellation of any occasion once it's begun - some don't, including lots of the Irish travel insurance companies.
It is a risky and exciting time, depending in your point of view. Some travellers have cheated holiday destinations that have been hit the hardest. Holidays to Iceland are yielding the best value due to a favourable exchange rate following collapse of Icelandic banks. On the other side of the coin, British holidays and travel in Europe are noticing the way the weak pound set alongside the Euro will make things seem expensive.
Since holidays can add up to an important financial outlay, what's crucial is that every traveller gets adequate protection due to their holiday and the cash they spend. The financial protection and assurance that accompany cheap holiday insurance is an important precaution, perhaps more than it ever has been.
Although holiday makers going abroad might be reluctant to trust their money with travel insurance from struggling companies like AIG, the risk of your holidays - by which you've invested your heard-earned wages - being disrupted are as evident as ever. As well as delays brought on by strikes, collapses such as that of the XL travel company late in 2008 will serve as a warning. It led to twenty one planes staying put, and about 85,000 travellers being stranded throughout the globe. This incident shows how important it is to look at whether your holiday insurance company will cover the cancellation of any occasion once it's begun - some don't, including lots of the Irish travel insurance companies.