Even though the global economy may be unsteady, analysts in the United Kingdom agree that there has never been a better time to get a holiday loan and get more for your money overseas. Weakening currencies have given British travelers the edge, and they will certainly be able to get more mileage out of their holiday loans thanks to this problem.
Frances Tuke, of the Association of British Travel Agents, said: “It’s not just America which British tourists will find cheap - any country which has its currency pegged to the dollar, such as most of the Caribbean, will also be full of bargain deals. South-east Asia is also very cheap. There are lots of other things you can do to keep the cost of your holiday down, such as booking early, which often makes you eligible for a discount, and paying a deposit up front to spread the cost of the holiday.”
The only recommendation is that travelers avoid countries that use the Euro, since that is still one of the strongest currencies. For those looking for a bargain to spend their holiday loans, America is usually the first choice, followed by the Caribbean.
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