REACT NewsletterApril MadnessMay 2006in this issue

* A Dim Future for the UK

* Investment in Spain still on the rise

* Property of the Month

The Association of

British Travel Agents  (http://rs6.net/tn.jsp?t=ctfidvbab.0.0.ow854pbab.0&ts=S0175&p=http%3A%2F%2Fwww.abta.com%2F)(ABTA)

estimates a record 2.3 million British holidaymakers set to leave the country in a scramble for the sun.

Relentlessly cold temperatures here in the UK and a late Easter has fueled demand for warmer destinations and also means that many of the Mediterranean resorts will be open, even though the summer season has not yet started.

Spain is the outright favorite country for this weekend, with the Canary Islands  (http://rs6.net/tn.jsp?t=ctfidvbab.0.0.ow854pbab.0&ts=S0175&p=http%3A%2F%2Fwww.reac-t.com%2Fweb%2Fen%2Fabout_canary_islands.php)and Tenerife (http://rs6.net/tn.jsp?t=ctfidvbab.0.0.ow854pbab.0&ts=S0175&p=http%3A%2F%2Fwww.reac-t.com%2Fweb%2Fen%2Fabout_tenerife.php) in particular, the most popular. The weather there promises to be sensational, with temperatures firmly remaining in the 20s. Majorca is also very popular, followed by the Costas particularly del Sol and Blanca. Many people also head over to Spain to visit their holiday homes.

The Caribbean is also great in April and Barbados, Cuba and the Dominican Republic are also in demand this Easter. But before the European beach season really gets into full swing, now is also a peak time for city breaks and the top five this year will be Paris, Amsterdam, Barcelona, Rome and Venice.

Martin Wellings, ABTA President said: "Although Easter is always a busy time of year for the travel industry, there seems to be a real pent up demand this year, that we've been able to fulfill. It promises to be a very busy weekend."

Last year over 2.2 million people flew abroad for Easter.

The scramble begins...

Over one million passengers alone were set to leave the country through BAA airports this Easter, while from the South East just under half a million leaving from Heathrow, approximately 262,000 leaving from Gatwick, 172,350 from Stansted and 60,000 departing from Luton. Manchester airport expected 220,000 passengers.

Other regional airports and ferry terminals were also set to be extremely busy over the weekend, with at least another 80,000 leaving by Eurostar.

Many more also make the most of the weekend by venturing closer to home with UK beach resorts and countryside being busy. ABTA Members selling UK holidays have reported that bookings have been up substantially over the last few weeks.

According to VisitBritain, 23% of the UK adult population plan a trip inclusive of Easter, representing a 2% increase on last year. More than twice as many (60%) plan an overnight trip in England during this period, compared to going abroad (27%).

Fanabe Tenerife

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~A Dim Future for the UK

Rising debts and poor pensions will lead to a new kind of "anthill" family, with many generations living and working together, a report said yesterday.

"Anthill" households will lead to parents and grown up children pooling mortgages, bills and even pensions so that everyone can retire with a comfortable income.

The report, by trend forecasters The Future Laboratory, suggests that families will deal with the pensions crisis by pooling their resources into "fractional pensions", which would allow families to pay collectively into one pot and then benefit from larger rewards.

"As 30 somethings fail to invest in ...

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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Investment in Spain still on the rise

House price growth has remained strong in Spain and investors continue to flock to the country with the intention of making considerable returns, both through rental income and capital gains.

As reported by the Spain Herald this week, average house prices are now higher than 6,000 euros

(£4,146)

per square metre in nine cities in the country, reflecting the rate of house price inflation nationwide.

Referring to figures from the Tecnitasa property valuation firm, the publication indicates that Sevilla, Oviedo and ...

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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Property of the Month

This Villa is breathtaking, the approach starts with pleasant views to the 18 hole golf course and beautiful aged palms. Ample parking to the front of the property for many cars. The entrance to the home stuns you with its excellent decor, not one inch of this property has been left untouched. Must be seen.

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More Info... - http://rs6.net/tn.jsp?t=ctfidvbab.0.0.ow854pbab.0&ts=S0175&p=http%3A%2F%2Fwww.reac-t.com%2Fweb%2Fen%2FsearchEngine.php%3Fcontent%3D5%26loaded%3Dyes%26idvi%3D248164%26idLang%3D1%26newDevelopments%3D%26salerental%3D%26currency%3D

Article submitted on 2008-09-12