September 2018 1 24 Report

Use these notes to write a short article about how the currency situation in 1995 affected where British holidaymaykers went. The original article was published on June 1 1995. Write it as if today was June 1 1955.

Currency fluctuations= many GB holidaymakers → contries £ buys more

USA, Turkey, Italy ↑ attractive

Spain, France, Greece ↓ buisness


Last year: 8.2FF= £ 1

Now: 7.8FF= £ 1

GB trav. lose £ 30/ every £ 500 transaction

that means: holiday bookings ↓ 7% on 1994

Spain ↓ business too

Bookings → end April show share UK mkt. ↓ 2% from 44 → 42%

£ ↑ in USA and Turkey

Turkey nearly x2 mkt. share: now 7%

swings favourable currency rates must balance against cost meals and services

£1=60% more Turkish lira

cost meals and services x2

BARDZO prosze o pomoc! Dziekuje


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