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Britons set to take city breaks

Article Date : 20 March 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Rental investors in major European cities could be set to see high occupancy rates this weekend.

According to the Association of British Travel Agents (ABTA), about two million Britons plan to enjoy their time off at Easter by heading to places such as Spain.

The organisation has said that city breaks are proving to be especially popular holiday options for leisure travellers this year.

Paris was highlighted as one particular favourite among this group, along with Barcelona, Venice and Rome.

This means that owners of temporary lodgings in these cities could be set to receive healthy returns over the weekend, especially if their property is aimed at the tourist market.

The popularity of traditional European markets with British holidaymakers has long been credited with helping attract property investors in Italy.

According to figures from Holiday-Rentals, about 90 per cent of overseas properties owned by British investors are located within the EU.




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