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Europeans to spend more on summer holidays

A poll indicates that Europeans plan to spend a bit more than last year on summer holidays, but the effects of the financial crisis are still weighing on travel plans.
/ Source: The Associated Press

A poll indicates that Europeans plan to spend a bit more than last year on summer holidays, but the effects of the financial crisis are still weighing on travel plans.

The IPSOS poll released Tuesday was conducted among 3,500 Europeans. It shows that 64 percent plan to take at least one holiday trip this summer. That's the same figure as in a poll last year, but still below the pre-financial meltdown figure of 67 percent in 2008.

The poll says the average holiday budget has risen by euro17 ($21), to euro2,083 ($2,560).

One glimmer of hope for cash-strapped holiday destinations like Greece or Spain is that 80 percent of Europeans plan to take their vacations on their own continent. But nearly half of all vacationers plan to do that inside their own country.