Monday 11 June 2012

The awareness of spending money you don’t have

Source
With the current difficult period due to the austerity measures of the Financial Economic Adjustment Program, locals are not giving up holiday traveling and simply travel according to budget.


A conclusion drawn by several travel agencies but at the same time indicating that it is too early for final conclusions as the assessment is only based on the result of daily bookings.
 "Locals are acting according to their circumstances, preferring cheaper programs," said, Gorete Araújo, responsible for the ‘Bravatour’ agency and further points to the destinations that are below a thousand euro budget. Aimed at the Iberian Peninsula (Portugal and Spain) and the Canary Islands.
Alberto Machado, a spokesman for the 'Abreu' agency, considers it to be "very significant that, despite of the 2012 crisis having worsened, the sector is in line with the same period as in 2011" due to "a policy of inviting prices."

People are no longer, as in previous years, approaching the counter and selecting the destination without hesitation. They now ask for a destination according to budget.

Madeira itself, as the Caribbeans, remain at the same preferred destination level as last year.
Duarte Rodrigues, director of ‘Porto Santo Lines’, a company that has the concession of the shipping route between Funchal-Porto Santo, reckons, it is too early to predict how locals will stand in regards to Porto Sant in times of crisis.

"Even so, we think that Porto Santo offers competitive and affordable prices - far better than the Canaries - with accommodation and transportation for seven days, 222 euros," he says.
 "But of course, everything will depend on the available income of people, we will await with great expectation," he concludes, hoping also that the proximity - the island of Porto Santo being 45 kilometers from Madeira, the two and half hours by boat and 15 minutes by plane - "is crucial in making the decision."

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