| Shifting currency exchange rates are responsible for | | | | been Majorca, Spain. |
| changes in summer travel plans for many British | | | | The island of Majorca is a peaceful place for |
| holidaymakers. | | | | holidaymakers to retreat for a relaxing vacation filled |
| The value of the euro is increasing, while the value of | | | | with fun in the sun. |
| Britain's pound is on the decline. This situation is | | | | The British are fond of taking trips to Majorca because |
| changing the way people travel. A trip that used to be | | | | it is a relatively inexpensive holiday but changes in the |
| affordable has holidaymakers rethinking their plans | | | | value of the pound and the euro have made it less |
| because of the rising costs. | | | | affordable. |
| The British pound is following in the footsteps of the | | | | However, there still are a number of affordable options |
| U.S. dollar. Compared to the euro, it is at an all-time low. | | | | for travellers who want to experience all the |
| While the dollar has dominated the market for nearly a | | | | adventure and beauty of Majorca. |
| century, the euro is likely to take its place in the next | | | | One option is to secure a good deal on the front end. |
| seven years. Analysts have predicted a bad year for | | | | Booking airfare and the hotel at the same time can |
| the British pound, as well. | | | | save money. These packages offer good savings |
| A Troubled Economy | | | | over buying them separately. Last-minute and |
| The U.K. economy is in trouble. The U.K. is facing the | | | | all-inclusive deals are other options for saving money |
| same issues as the U.S. as far as financial and real | | | | on a holiday in Majorca. |
| estate trends. The real estate market in the U.K. is | | | | There is also the option of taking a shorter escape to |
| down, and it is getting increasingly difficult for | | | | Majorca. Book a trip of just a few days to relax and |
| middle-class people to buy a home. | | | | rejuvenate in the island sun. |
| The declining housing market is leading banks to stop | | | | Holidaymakers also can shift their focus from spending |
| writing mortgages altogether. If this happens across | | | | extra money on activities and high-end dinners to |
| the board, it will put a freeze on the buying and selling | | | | simply enjoying the breathtaking beauty and sweeping |
| of homes in the U.K. | | | | vistas or relaxing on the beach. |
| What the Falling Pound Means for British | | | | Fewer Americans Travel to Europe |
| Holidaymakers | | | | Just as British holidaymakers have to adjust their |
| The price of travelling is rising for British holidaymakers | | | | summer travel plans, Americans are also changing |
| as their money is losing value in the global market. | | | | their travel plans because of the rising euro. |
| Changes in the value of the dollar and the euro have | | | | The dollar also is doing poorly against the euro. The |
| limited people's chances of travelling on holiday. | | | | changes in currency values are making it just as |
| Many in the U.K. are accustomed to taking many | | | | challenging for Americans as it is for the British to |
| holidays throughout the year. However, the declining | | | | travel to different areas of Europe. |
| value of their money is putting limits on where they can | | | | European trips are costing more money than they |
| travel and how often. People may be forced to | | | | used to and this is affecting visitors on a global level. |
| change their holiday travel plans because it is getting | | | | Visitors to Majorca and all other areas of Spain and |
| more expensive to travel in the eurozone. | | | | Europe will have to plan well and be creative to get |
| A popular holiday destination for British travelers has | | | | the most from their holiday this year. |
