Wednesday, January 13, 2010

Travellers 'underestimating holiday costs'

People who are considering booking holidays to Thailand to mark a special occasion have been warned to make sure they budget for all the costs the trip will entail.

New research released by travel insurance provider PJ Hayman has revealed that many people underestimate the cost of big holidays by as much as £1,500.

According to the company, gap year travellers are most likely to fall short, with 53 per cent of respondents estimating that such a trip will cost between £501 and £2,500.

However, revealed that the actual cost of this kind of trip is typically between £3,000 and £4,000.

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