Britons determined to relax overseas

Tuesday July 15th , 2008

Overseas property owners who rent out their homes to tourists should find that demand is still high this year.

According to Luxury Travel Magazine, people in the UK are not prepared to miss out on a trip to the sun this summer.

This is because the weather during the two most recent summers in Britain has on the whole been less than ideal.

Alyson Cook, editor of the publication, added that the declining work-life balance at home has also pushed holidays to the top of people's agendas.

She commented: "Increasingly people are cash-rich but time-poor and the time that they spend with their family on holiday is increasingly important to them."

This should be good news for buy-to-let investors who are largely reliant on the tourist industry to generate their rental returns.

According to the Association of British Travel Agents, Spain is still the main hotspot for holidaymakers from the UK.

Speaking to the Herald, a spokesperson for the organisation said it is the most popular destination "by far".