Recession prompts us to get away from it all | business | Hindustan Times
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Recession prompts us to get away from it all

business Updated: Apr 08, 2009 21:33 IST
Reuters
Recession prompts us to get away from it all

Recession concerns have not reduced people’s desire to travel, a survey has found, with the number of planned holidays this year up on 2008.

No fewer than 86 per cent of 8,000 respondents to the CNN poll said they intended to go abroad in the next 12 months, up from 76 per cent who went in the last year.

The increase possibly reflects a desire to travel as a way of alleviating stress associated with the downturn, CNN said.

Cost was an issue though. Forty per cent were cutting frequency of trips and choosing less expensive destinations.

The average spent per holiday was $3,786, with the United States, United Kingdom, France, Germany and Spain the favourite destinations.

When it came to choosing airlines, 53 per cent put price as the most important consideration, followed to a lesser degree by brand reputation and quality of service.

Business travellers appear to be more affected by the recession, with 51 per cent making efforts to reduce the price of trips by reducing the amount taken and opting for cheaper flights and hotels.