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Luxury Travel To Prove Popular This Year
Luxury travel "to prove popular this year" by Cheap Flights Booker UK
Luxury travel will be one of the sectors to see growth in 2009, according to ITB Berlin, one of the travel industry"s leading trade shows.
The ITB World Travel Trends report predicted that the effects of the global financial crisis will tend to favour niche markets such as luxury travel.
However, bargain hunting and last-minute travel will continue to be prevalent at the same time, according to ITB Berlin.
Dr Martin Buck, director of the Competence Centre Travel and Logistics at Messe Berlin, said: "Whether we like it or not – the idea of saving money at all costs is back with us again."
Based on the assessments of around 60 tourism experts who met at the World Travel Monitor forum in Pisa in November 2008, the report also indicated that short breaks in Europe could be increasingly popular this year.
Dr Buck said: "Higher costs and a new kind of insecurity affecting consumers will undoubtedly impact negatively on long-haul travel in 2009."
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