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'Staycations are popular this summer as people choose to save money'

Many people are choosing to save money by staying in the UK for their summer holiday, called a staycation, it has been suggested.

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21 August 2009

'Staycations are popular this summer as people choose to save money'”

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There are a number of factors which have contributed to the trend, Peter Joyner, spokesperson for Hoseasons, said.

According to the self-catering holiday specialist, the strength of the euro against the pound, combined with the current economic climate has meant that people have been more inclined to stay closer to home.

"They still want their holiday but they want tighter control over the budget they are going to be allowing themselves. What they've done is book UK holidays where they know they can control their budget than if they went abroad," he said.

Those who are going away in the UK or abroad this summer have been advised by credit card comparison service Tesco Compare to ensure that their homes are protected against burglars.

Measures that holidaymakers could take include making sure their home does not look as if it is empty, by leaving blinds and curtains open.

Posted by Jack Ramsay

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
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