News Travel sector ‘cautiously optimistic’ about next year

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Travel sector ‘cautiously optimistic’ about next year

The travel industry is cautiously optimistic about its prospects next year, ABTA - the Travel Association has said.

The travel industry is cautiously optimistic about its prospects next year, ABTA – the Travel Association has said.

Spokeswoman for the organisation Frances Tuke said that, for next summer, "bookings are looking good at this stage", despite the ongoing economic difficulties.

"There are some very good areas of growth, places outside the EU like Turkey and Egypt and this summer other places like Cyprus and Tunisia have been doing well and growing quite nicely," she commented.

Ms Tuke went on to say that, despite the market having declined by ten percent, it was still faring well compared to other sectors.

Recent figures from the Office for National Statistics revealed that the number of visits abroad by UK residents fell by one percent to 14.9 million from May to July this year.

Separate research from Tesco Travel Money revealed that 34 percent of British holidaymakers were planning to spend less on their holiday this year, while those who planned on splashing out were hoping their money would go further.

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