Shifting currency exchange rates are responsible for changes in summer travel plans for many British holidaymakers.
The value of the euro is increasing, while the value of Britain’s pound is on the decline. This situation is changing the way people travel. A trip that used to be affordable has holidaymakers rethinking their plans because of the rising costs.
The British pound is following in the footsteps of the U.S. dollar. Compared to the euro, it is at an all-time low. While the dollar has dominated the market for nearly a century, the euro is likely to take its place in the next seven years. Analysts have predicted a bad year for the British pound, as well. (more…)

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