The budget hotel sector in the UK is continuing to grow during the economic downturn, it has been revealed.
A spokesperson for Travelodge has claimed that the company predicts that it will leave the recession in a stronger position than when it entered due to the number of people downgrading their hotel stays to save money.
Extra money saved on accommodation could be put towards domestic
travel insurance, which may cover the cost of stolen or damaged items during a holiday in the UK.
The representative said: "There is a growing realisation that you do not need to spend a lot of money. Certainly on the corporate side we have a number of companies staying with us now and if you go back a year and a half they wouldn't have been doing so."
Figures compiled by STR Global recently showed that percentage occupancy rates for hotels across Europe have fluctuated greatly during the economic downturn.
The biggest winner has been Edinburgh, which has seen hotel occupancy rise by 7.3 per cent to 76.8 per cent overall. Conversely, the biggest losers have been Geneva (down 33.1 per cent) and Dusseldorf (down 31.8 per cent).
Those thinking of domestic travel might want to consider taking out travel insurance with
InsureandGo.
