Price of a holiday rockets – an obstacle for traveling

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Posted 20 Aug 2009 in credit card

Every person has a desire to travel. He wants to see the places which are unknown to him. He wants to see the mountain, hill, desert, historical palaces, sea beach etc. But today travel has become a costly affair. World economy has been going through changes. Recession has spread its tentacles on all over the world economy. So people are facing too much tough time while going on holiday.

Families want to spend a summer holiday outside the country. Many things have to be remembered by them while going on a trip such as passports, swimwear, plenty of sun cream etc. But with all the other things, the most crucial, the most important is money. Without affordable money you can not stay in a hotel for one day. This year the world economy has faced credit crunch, the soaring of cost of oil and weakness of the pound against the euro. So the people are confronting a huge increase of charges in all sphere of life. For all these reasons extra cost will be added to the total budget for one family comprising four members. One of the worst hit industries is aviation industry. The cost of aviation fuel is being increased by leaps and bounds. Now during the flights, if the parents want to have a baby or toddler sitting on their lap they have to pay extra charge of 16 pound to the Budget Carrier Ryanair. For the same purpose, the charge of Thomson is 29 pound. If the travelers wish to sit together journey on the plane they have to pay extra 10 pound. The final bill also includes the charges for checking in luggage, late bookings, in flight meals and coach transfer.

Banks are also unwilling to provide credit to the customers. They have increased the credit card fees and also hiked the interest rate. The value of money against the euro has fallen in this year. It also made the traveling a costly affair.


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