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Travellers snub foreign holidays

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Holidaymakers shaken by the recent collapse of several airlines are looking to UK seaside resorts as an alternative to a foreign holiday, according to a survey.

Consumers hit by the credit crunch are also counting on caravan trips to ease the burden of the financial crisis, a survey by insurance company Towergate Bakers has found.

Thousands of holidaymakers were left stranded after the collapse of XL last month, as passengers without the adequate travel insurance cover faced expensive journeys home.

Based on responses from 2,000 people, the survey revealed that 65% intended to take a break in the UK over the next 12 months.

Alongside caravan trips and visits to the seaside, holidaygoers are also planning cottage holidays and camping trips.

Caravanning was the top-choice budget holiday for couples in their 30s, camping was most popular with the under-25s and seaside trips were most favoured by those in their 20s and 30s.

Towergate Bakers marketing director Paul Havenhead said: "We have noticed a return to popularity of traditional UK holidays.

"Young parents often have nostalgic memories of their own childhood holidays and this, combined with the economic downturn, will create a boom in UK holidays in the year ahead."

© The Press Association 2008