From typicallyspanish.com
British tourists save the winter season on the Costa Blanca
By h.b.
Oct 15, 2008 - 7:51 AM
Información newspaper reports today that it is British tourism which is saving the winter season on the Costa Blanca. The paper says that 65% of hotel places have already been reserved by British tourists, with many of the reserves being made before the financial crisis arrived in London.
However as the credit crunch and financial crisis continues, local tourism chiefs have decided to launch next summer’s prices at the same level as this year, anticipating a fall in demand.
That said a 3% price increase was imposed by local hoteliers with British tour companies for next summer, and there is considerable concern at how the financial crisis will affect the domestic market which traditionally decides on holiday bookings at the very last minute.