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How Do Brits Respond to Economic Woes? They Go on Holiday!

October 1, 2013Article by Ray Withers

British families, along with those in many other parts of the world, have been tightening their belts and reducing spending in order to weather their country’s economic woes over the past few years.  However, the latest TripBarometer survey from leading travel website TripAdvisor shows that there is one thing Brits are not prepared to cut back on – their holidays.

Little and Often

Despite lasting pessimism about household budgets the TripBarometer poll has shown that UK citizens put their travel budgets ahead of almost all other types of leisure expenditure. Nights out, charity donations and childcare costs are all happily slashed in order to ensure that holidays remain top of the priority list, with 88% of respondents confirming that, “it’s worth making sacrifices to make memories.”

Making it Count

With holidays being conducted at the expense of other activities, making them count is essential. Families are scrutinising the options for breaks that offer a high quality holiday experience, while still achieving value for money. As holidaymakers become more discerning, hotels that have achieved top TripAdvisor ratings, along with the site’s prestigious Certificate of Excellence, are racing ahead of the pack.

The Amazing Alps

AlpenClub in Bavaria is the perfect example. The number one hotel in Schliersee, based on TripAdvisor reviews, AlpenClub has been awarded the 2013 Certificate of Excellence, which recognises establishments that receive consistently outstanding traveller reviews. With happy customers both within Germany and across the world, AlpenClub is experiencing high demand for its combination of relaxation, luxury and stunning cuisine.

More than just a Holiday

For those looking for more than just a holiday, Property Frontiers has a limited number of investment opportunities available in the fabulous AlpenClub resort. With a low entry point, high yields and only 20 rooms available for investment, it seems that demand by investors for AlpenClub will be just as competitive as demand by holidaymakers!

For more information on this and other hotel room investments available through Property Frontiers, get in touch today.

Author

Ray Withers

Ray has over 17 years’ experience in the international property market and bought his own first international property investment back in 2002. Aside from running Property Frontiers, Ray has been involved in residential, hotel, student and commercial property investment and development in both the UK and overseas and co-wrote "Where to Buy Property Abroad - An Investor's Guide". As Founder and Trustee of the Frontiers Foundation, Ray is directly involved with many of its projects to ensure they have a direct and tangible impact in individual communities across the globe. He is passionate about property, travelling, scouting out new opportunities and finding time to spend with his young family.
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