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A partner with one of the world’s leading
professional services firms has said that the credit
crunch will not prevent consumers from taking
holidays.
Speaking
at the Association of British Travel Agents (Abta)
convention in Gran Canaria, Malcolm Preston of
PricewaterhouseCoopers said that many other things
are likely to be sacrificed before holidays.
He
referred to a survey that asked people to name the
first and second things they would stop spending on to
save money. The
aggregated answers showed that less than 10% would cut
back on holidays placing travel far down the list of
luxuries consumers are willing to sacrifice.
Abta
recently carried out a survey of regular holidaymakers
which found that 83% plan to take another overseas
trip within the next 12 months.
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