{"id":121699,"date":"2023-11-12T08:19:14","date_gmt":"2023-11-12T08:19:14","guid":{"rendered":"https:\/\/lasixlineon.com\/?p=121699"},"modified":"2023-11-12T08:19:14","modified_gmt":"2023-11-12T08:19:14","slug":"inside-the-party-island-swarmed-by-brits-on-a-budget-not-giving-up-on-holiday","status":"publish","type":"post","link":"https:\/\/lasixlineon.com\/world-news\/inside-the-party-island-swarmed-by-brits-on-a-budget-not-giving-up-on-holiday\/","title":{"rendered":"Inside the party island swarmed by Brits on a budget not giving up on holiday"},"content":{"rendered":"

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READ MORE: <\/strong> Brits could be ‘blacklisted’ from holiday hotspot to stop boozed-up behaviour<\/strong><\/p>\n

Britons are not giving up their holidays in the sun even when they face some economic difficulties, an economist claimed.<\/p>\n

Jos\u00e9 Antonio Rosell\u00f3, economist and vice president of the Confederation of Business Associations of the Balearic Islands (CAEB), believes UK citizens are more likely to save money on everyday expenses rather than skipping their summer holidays.<\/p>\n

Ibiza, being one of the destinations most-loved by Britons, is lapping up the benefits of a similar stance towards vacationing, Mr Rosell\u00f3 suggested, as UK citizens continue to pour into the island despite economic uncertainties.<\/p>\n

Citing data by Turespa\u00f1a, the official agency of the Spanish government responsible for the marketing of Spain as a tourist destination, Mr Rosell\u00f3 told Diario de Ibiza: “[Britons] perceive vacations as a necessity, so they travel regardless of their economic situation, although this determines aspects such as the number of trips per year, spending and duration.”<\/p>\n

He further explained: “In the context of a low unemployment rate like that of the United Kingdom, the pandemic initially involved the catch-up effect (making up for lost time) or carpe diem (as if there were no tomorrow).<\/p>\n

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“Carpe diem can remain in force, in such a way that, and this is the essential thing, there would be a shift within the shopping basket of individuals and families in the sense of tending to acquire tourist services versus acquiring tangible goods.”<\/p>\n

British retail sales fell by 0.9 percent in September, when the warm weather paired with a heightened cost of living likely discouraged buying autumn clothing.<\/p>\n

While it is key that Britons value their holidays, the fact that the unemployment rate is very low contributes to the high level of UK citizens going on vacation.<\/p>\n

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