A growing number of British holidaymakers appear to be taking advantage Greece’s economic downfall, with recent reports suggesting that holiday bookings to the country have soared.
Despite warnings from tour operators about the crisis-hit country, as many as four million Britons are set to visit Greece over the summer period.
The pound has recently hit a three and a half year high against the euro, putting more spending power into the pockets of British travellers. As Greece faces a Eurozone exit, the debt-ridden country now looks like a cheaper and more attractive holiday destination.
A number of travel agents have reported a dramatic rise in bookings to Greece and those concerned about holidaymakers avoiding the country have reduced their rates significantly.
Independent online travel operator, Travelzoo, found that bookings for all-inclusive holidays to Greece have risen by almost a third since it became apparent that a Eurozone exit is possible. Despite this, flight bookings to Greece have fallen over the same period by 25%.
Another survey by a leading travel operator found that around 20% of people are not concerned about the collapse of the euro in Greece and the majority of those polled are mildly concerned.
The study found that less than 2% of people have cancelled their holidays to Greece this year compared to a massive 47% of people who said they would not change their plans regardless of the economic situation in Greece.
A number of industry experts believe that if Greece were to leave the Eurozone, a new currency would not come into effect immediately and euros are likely to be in circulation for some time before hand.
Travellers heading to Greece may wish to take a range of cash rather than rely on credit or debit transactions, as this might take longer to process as a result of the euro crisis.
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